Review the following details of manufacturing using a process costing system: At the beginning of the period, the WIP balance included labor of $38,900. Direct labor costs of $308,700 were incurred during the period. During the period, 88.000 units were completed and transfered out to finished goods. At the end of the period, 18,000 units were in still process and were only 70% complete with respect to labor. Use the weighted average method to compute the direct labor cost per equivalent unit for the period. Multiple Choice $3.07 $3.46 $3.51 $3.95 $3.28