Martinson Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows:

WIP, April 1 12,000 units

Units Transferred-in costs in WIP, April 1 $79,940

Direct materials (100%) in WIP, April 1 $24,420 Conversion costs (75%) in WIP, April 1 $23,400

Units Transferred- in 47,000

Transferred- in costs during April	$550,900
Units completed	42,000
April direct materials cost	$155,500
April conversion costs	$239,250
WIP, April 30	17,000 units
(100% for materials and 60% for conversion costs)

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

A.

$5.11.

B.

$4.53.

C.

$5.43.

D.

$4.88.