1. Mario Company uses process costing and the weighted-average method. Assume the equivalent units of production are 342,000 units for direct materials and 333,000 units for conversion cost. Cost information: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process - Conversion: $79,700. Costs incurred in October - Direct Materials: $646,800. Costs incurred in October - Conversion: $919,300. Calculate the cost per unit for conversion cost.

   		$2.76
   		$5.85
   		$3.15
   		$3.68
   		$3.00