Forsyth Company Produces Calendars in a One-Process Department What Was the Cost Per Equivalent Unit Produced for Direct

Forsyth Company produces calendars in a one-process department. Materials are introduced at the beginning of the process. Conversion is applied uniformly throughout the process. Data for the current period is as follows:
$$\begin{array} { | l | l | } \hline \text { Beginning work in process inventory (40\% complete) } & 22,500 \text { units } \\\hline \text { Units started in current period } & 130,000 \text { units } \\\hline \text { Ending work in process inventory (60\% complete) } & 28,500 \text { units } \\\hline \text { Costs contained in beginning work in process inventory } & \\\hline \text { Direct materials } & \$ 51,900 \\\hline \text { Conversion } & \$ 20,174 \\\hline \text { Costs added during current period } & \\\hline \text { Direct materials } & \$ 430,000 \\\hline \text { Conversion } & \$ 310,000 \\\hline\end{array}$$ What was the cost per equivalent unit produced for direct materials?

A) $3.71
B) $2.82
C) $3.16
D) $3.31