Lakeland Chemical manufactures o product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 70 % complete with respect to conversion; the ending work-in-process inventory is 20 % complete. The following data pertain to May Units Work in process, May 1 Units started during May 15.500 62,500 Units completed and transferred out in process, May 31 ,5e0 7,500 Direct Conversion Total Materials Costs Costs s 43,250 Work f $17,000 process, May 1 Costs incurred during May 26,250 72,500 236,138 163.630 Totals $279,380 $89,500 $189 , 888 Using the weighted-average method of process costing, the cost per unit of conversion activity is: Multiple Choice None of the answers Is correct $2.64 $2.54. $269