Use the following information to answer question 5-7. Berry Company uses weighted-average process costing to control costs in the manufacturing department. The products will be ready for sale when it is finished in the department. The following information pertains to operations for 2021. Work in process, Beginning Units 16,000 Percent of completion Percent of completion for Conversion costs for Material 60% 20% Started in production during 2021 100,000 Work in process, Ending 24,000 90% 40% Costs pertaining to 2021 are as follows: Costs of Beginning inventory: direct materials, $54,560; conversion costs, $35,560. Costs incurred during 2021: direct materials, $468,000; conversion costs, $574,040. 5. What is the equivalent unit cost for materials? A. $4.12 B. $4.50 C. $4.60 D. $4.70 E. $4.80 6. What is the equivalent unit cost for conversion costs? 7. A. $5.65 B. $5.83 C. $5.92 D. $6.00 E. $6.20 The cost of goods transferred to Finished goods inventory will be: A. $254,400 B. $1,060,000 C. $1,229,600 D. $552,000 E. $975,200