QUESTION 2 Beginning inventory of 200 units with a cost of $700 is 60% complete Direct materials added this period is 350 units at a total cost of $1,050 Direct labor incurred this period is $400 Factory overhead applied this period is $160 Units completed 300 Ending inventory is 40% complete Materials are added at the beginning of the process 2. What is the direct material cost per equivalent unit? $2.00 A B. $3.00 C. $2.50 D. $4.00