During January, the production department of a process operations system completed and transferred to finished goods a total of 65,000 units. At the end of January 13,000 additional units were in process in the production department and were 45% complete with respect to labor. The beginning inventory included labor cost of $38,700 and the production department incurred direct labor cost of $307,100 during January. Compute the direct labor cost per equivalent unit for the department using the weighted average method. Multiple Choice $4.88 $4.72 $5.32 $4.43 $4.33