Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 90,000 units, 70% complete as to materials and 20% complete as to conversion. Units started and completed: 270,000. Units completed and transferred out: 360,000. Ending Inventory: 35,000 units, 40% complete as to materials and 15% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: \$47,200. Costs in beginning Work in Process - Conversion: $89,700. Costs incurred in October - Direct Materials: $759,920. Costs incurred in October - Conversion: \$1,015,100. Calculate the cost per equivalent unit of conversion. A) $2.87 B) $2.90 C) \$3.34 D) $2.79 E) $3.02