Using the Process Cost Report shown below, calculate and enter the correct UNIT COST of CONVERSION? Process Cost Report - Weighted Average Method Equivalent units Direct Conversion Total Costs to Material Costs account for Costs to account for: Units to account for: Beginning WIP $125,000.00 $45,000.00 $170,000.00 Beginning WIP 5000 Current period cost $2,000,000.00 $705,000.00 $2,705,000.00 Started this month 80000 Total costs to account for: $2,125,000.00 $750,000.00 $2,875,000.00 Units to account for: 85000 % Complete % Complete Direct Conversion Material Costs Completed & transferred out 15000 15000 15000 Ending WIP 70000 100% 50% 70000 35000 Units accounted for 85000 85000 50000 Select one: a. $15 b. $10.71 c. $40 d. $8.82