Frank Inc., has the following information available:

	Cost from Beginning Inventory	Cost from Current Period
Direct materials	$5,493	$24,351
Conversion Costs	$5,341	$157,198

At the beginning of the period, there were 529 units in process that were 52 percent complete as to conversion costs and 100 percent complete as to direct materials costs. During the period 4,628 units were started and completed. Ending inventory contained 360 units that were 21 percent complete as to conversion costs and 100 percent complete as to materials costs. (Assume that the company uses the FIFO process cost method.)

What was the cost of completing a unit during the current period?

Select the correct answer.

$31.71

$36.59

$4.88

$436.67