Bonita Company has no beginning Work in Process inventory; 4600 units are transferred out and 1300 units in ending Work in Process inventory are 30% finished related to conversion costs and fully complete related to direct materials cost. If direct materials added and beginning Work in Process inventory materials cost total $14750, how much is the direct materials cost per unit if the weighted-average method is used?
a. There is not enough information provided.
b. $2.96
c. $2.50
d. $2.68
