Zebra Company manufactures Product Z in a two-stage production cycle in Departments A and B. Materials are added at the beginning of the process in Department B. Zebra uses the weighted-average method. Conversion costs for Department B were 40% complete as to the 30,000 units in the beginning work-in-process (WIP) Inventory and 50% complete as to the 42,000 units in the ending work-in-process Inventory. 60,000 units were completed and transferred out of Department B during October. An analysis of the costs relating to work-in-process Inventories and production activity In Department B for October follows: WIP, October 1: Costs added in October Transferred- in Costs Materials Costs Conversion Costs $ 60,000 144,000 $ 18,000 33,000 $ 6,000 26,400 The total cost per equivalent unit transferred-out for October of Product Z, rounded to the nearest penny, was: Multiple Choice $2.75. $2.80. $2.85. $2.90. $2.95.