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The Cooking Department is the third department at Winslow Rice Production. During February, there were 8,000 units of beginning inventory in the Cooking Department, and

The Cooking Department is the third department at Winslow Rice Production. During February, there were 8,000 units of beginning inventory in the Cooking Department, and 50,000 units were transferred in from the prior process. There were 4,000 units in ending inventory. The transferred-in cost in the beginning inventory was $80,000, with $900,000 of additional cost for units transferred in during the month. What is the cost per equivalent unit for transferred-in cost?

$15.52

$16.90

$18.15

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