During March, the production department of a process operations system completed and transferred to finished goods 33,000 units that were in process at the beginning of March and 190,000 that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 70% complete with respect to labor. At the end of March, 31,000 additional units were in process in the production department and were 100% complete with respect to materials and 40% complete with respect to labor. The production department incurred direct labor cost of $579,400 and its beginning inventory included labor cost of $55,300. Compute the direct labor cost per equivalent unit for the department using the weighted-average method.

Multiple Choice

$2.70.

$2.46.

$3.05.

$2.60.

$2.85.