Company 'A' manufactures a product called Zee. All Direct Materials are added at the beginning of the process, and Direct Labor and Overhead are added uniformly throughout production. The Beginning Work-in-Porcess Inventory is 60% complete with respect to Direct Labor and 50% complete for Overhead. The Ending Work-in- Process inventory is 20% complete for Direct Labor and 30% as to Overhead. Given the information below and using the weighted average method of process costing, what is cost per equivalent unit of Direct Labor? Worces, May 1 Und during May United and transferred out Work in Process, May 31 UNITS 16,000 60,000 68,000 7.000 $ TOTALS 79,390 469.80 549 270 Direct Materials 16,500 72.000 s 68,500 Direct Labor 24,750 162630 $ 187,380 Overhead $ 38,140 235250 $ 273,390 $ COSTS: Work in Process, May 1 Costs incurred in May TOTALS O $250. $2.53 $2.70