Freddie Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Departmentfollows:

WIP, April 1

9 comma 000

9,000 units

Transferredminus

in costs inWIP, April 1

$79,940

Direct materials(100%) inWIP, April 1

$24,420

Conversion costs (70

70%) inWIP, April 1

$ 26 comma 400

$26,400

Units transferredminus

in

51 comma 000

51,000

Transferredminus

in costs during April

$550,900

Units completed

43 comma 000

43,000

April direct materials cost

$155,500

April conversion costs

$ 239 comma 250

$239,250

WIP, April 30

17 comma 000

17,000 units

(100% for materials and 20

20% for conversioncosts)

The cost per equivalent unit for conversion costs would be closest to

A.

$ 4.43

B.

$ 5.73

C.

$ 4.84

D.

$ 5.93