The production report for Glenway Company for February contained the following information: Work in process, beginning of the month - 3,500 units; 1 / 5 completed Units completed and transferred to finished goods - 25,000 Work in process, end of month - 4,000 units; 1 / 4 completed Production costs for the month were: materials - $25,325; labor - $20,175; overhead - $38,950. Costs in beginning work in process were $5,250. What is the cost per equivalent unit? a. $3.45 b. $3.59 c. $3.20 d. $3.25