Exhibit 4-1 Silva Coporation Uses the Weighted Average Process Costing Method.The Mixing

Multiple Choice

Exhibit 4-1
Silva Coporation uses the weighted average process costing method.The Mixing Department at Silva had 17,000 units in beginning inventory.These units contained $70,000 in direct materials,$80,000 in direct labor,and $60,000 in overhead.During the period,the department incurred costs of $320,000 in direct materials,$400,000 in direct labor and $200,000 in overhead and started 80,000 units.Ending inventory consisted of 6,000 units which were 100% complete with respect to direct materials and 50% complete with respect to direct labor and overhead.
-Refer to Exhibit 4-1.What is the cost per equivalent unit for direct labor (rounded to the nearest cent) ?

A) $5.28
B) $5.11
C) $4.94
D) $0.86
E) None of the answer choices is correct.