The following information is available for Medco Manufacturing: Total Equivalent Unis of Direct Materials: 50,000 gal Total Equivalent Unis of Conversion Costs: 48,000 gal Direct Materials costs: $55,000 Direct Labor costs: $9,500 Factory overhead costs: $7,500 The conversion cost per equivalent unit is: Select one: A. $0.50/gal B. $0.35/gal C. $0.40/gal D. $0.25/gal