Use the above information from carnival kayaks to compute the cost per unit. Assume that the equivalent units are 92,000 and 85,600 respectively for each cost component. USE THE FIFO METHOD.

to. $2.4443

b. $2.1045

c. $2.08045

d. $2.50

Direct materials Conversion Flow of Production Work in process, beginning Started during period To account for Physical units 40,000 52,000 92.000 Good units completed Normal spoilage Work in process, ending Accounted for 73,000 3,000 16,000 92.000 73,000 3,000 16,000 92.000 73,000 3,000 9,600 85.600 Costs Work in process, beginning Costs added during period Totals $ 38,000 186,880 Direct Materials Conversion $30,000 $ 8.000 126,400 60.480 Total costs to account for 224,880 156,400 68,480