Vaughan Widgets had beginning inventory of 40,000 units in Department #1. The cost associated with those units was $40,000 of direct materials and $86,000 of conversion costs. During the period they started 200,000 units. They requisitioned $280,000 direct materials into production and used $107,500 of direct labor. Factory overhead is applied at a rate of 40% of direct labor. At the end of the period there were 50,000 units in ending WIP that were 20% complete as to direct materials and 50% complete as to conversion costs. The weighted-average method is used. The cost per equivalent unit with respect to conversion costs is $ D Question 7 4 pts Vaughan Widgets had beginning inventory of 40,000 units in Department #1. The cost associated with those units was $40,000 of direct materials and $86,000 of conversion costs. During the period they started 200,000 units. They requisitioned $280,000 direct materials into production and used $107.500 of direct labor. Factory overhead is applied at a rate of 40% of direct labor. At the end of the period there were 50,000 units in ending WIP that were 20% complete as to direct materials and 50% complete as to conversion costs. The weighted average method is used. The cost per equivalent unit with respect to direct materials is $. O $1.40 per unit O $1.33 (rounded) O $1.17 (rounded) $160 per unit $0.20 per unit none of the choices are correct