Use the following information of the company Carnival Kayaks to determine cost per unit. Assume that the equivalent units are 92,000 and 85,600 respectively for each component of cost. Use the FIFO method.

Flow of Production	Physical units	Direct Materials	Conversion
Work in process, beginning	40,000
Started during period	52,000
To account for	92,000
Good units completed	73,000	73,000	73,000
Normal spoilage	3,000	3,000	3,000
Work in process, ending	16,000	16,000	9,600
Accounted for	92,000	92,000	85,600
Costs	Totals	Direct Materials	Conversion
Work in process, beginning	$38,000	$30,000	$8,000
Costs added during period	186,880	126,400	60,480
Total costs to account for	224,880	156,400	68,480

1. $2.50
2. $2.1045
3. $2.4443
4. $2.08045