At Trapeze 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)	29,200 units
Units started	126,500 units
Units completed and transferred out	112,700 units
WIP ending (60% for conversion)	43,000 units
Beginning WIP direct materials	$35,000
Beginning WIP conversion costs	$28,500
Costs of materials added	$384,100
Costs of conversion added	$271,125

What is the cost per equivalent unit for conversion costs? (Round your final answer to the nearest cent.)

A.

$2.35

B.

$1.92

C.

$1.96

D.$ 2.16