Velasco Productions has provided the following information for the year:

Direct Labor	$ 153 comma 000$153,000
Beginning Work-in-Process Inventory	62 comma 00062,000
Direct Materials Used	269 comma 000269,000
Ending Work-in-Process Inventory	53 comma 80053,800
Manufacturing Overhead	133 comma 000133,000

During the year, Velasco produced

74 comma 94074,940

units of product. Calculate the unit product cost. (Round your answer to the nearest cent.)

A.

$ 7.41$7.41

B.

$ 7.52$7.52

C.

$ 8.23$8.23

D.

$ 6.46