During January, the production department of a process operations system completed and transferred to finished goods a total of 68,000 units. At the end of January, 14,000 additional units were in process in the production department and were 60% complete with respect to labor. The beginning inventory included labor cost of $38,400 and the production department incurred direct labor cost of $304,700 during January. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

Multiple Choice $5.05. $4.48. $3.99. $4.18. $4.49.