At Sunrise Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 20,200 units 129,500 units 111,700 units 38,000 units $35,000 $31,500 $384,100 $263,125 What is the cost per equivalent unit for conversion costs? A. $1.96 B. $2.42 C. $1.97 D. $2.19