A Company Uses a Process Cost Accounting System

A company uses a process cost accounting system.Its Assembly Department's beginning inventory consisted of 50,000 units,3/4 complete with respect to direct labor and overhead.The department completed and transferred out 127,500 units this period.The ending inventory consists of 40,000 units that are 1/4 complete with respect to direct labor and overhead.All direct materials are added at the beginning of the process.The department incurred direct labor costs of $24,000 and overhead costs of $32,000 for the period.Assuming the weighted average method,the direct labor cost per equivalent unit (rounded to the nearest cent) is:

A) $0.14.
B) $0.16.
C) $0.17.
D) $0.30.
E) $0.37.