A Company Uses a Process Cost Accounting System (A) Calculate the Equivalent Units of Production for Direct Labor

A company uses a process cost accounting system.The following information is available regarding direct labor for the current year:
$$\begin{array} {l l } \text { Goods in process, January } 1 & 5,500 \text { units, } 80 \% \\&\text { complete } \\\text { Goods in process, December } 31 & 8,800 \text { units, } 40 \% \\&\text { complete } \\\text { Units completed and transferred to } & \\\text { Finished goods } & 46,900 \text { units } \\\text { Direct labor costs during the year } & \$ 266,300\end{array}$$
(a) Calculate the equivalent units of production for direct labor for the year using weighted average.
(b) Calculate the average cost per equivalent unit for direct labor (round to the nearest cent).