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Siva Coporation uses the weighted average process costing method. The Mixing Department at Silva had 1 7 , 0 0 0 units in beginning inventory.

Siva Coporation uses the weighted average process costing method. The Mixing Department at Silva had 17,000 units in beginning inventory. These units contained $70,000 in direct materials, $80,000 in direct labor, and $60,000 in overhead. During the period, the department incurred costs of $320,000 in direct materials, $400,000 in direct labor and $200,000 in overhead and started 80,000 units. Ending inventory consisted of 6.000 units which were 100% complete with respect to direct materials and 50% complete with respect to direct labor and overhead.
What is the cost per equivalent unit for direct labor (rounded to the nearest cent)?
$5.28
$5.11
$4.94
$0.86
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