Tesla Corporation, Which Adds Materials at the Beginning of Production

Multiple Choice

Tesla Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Consider the data that follow. $\begin{array}{llr}&\text { Number of Units }& \text { Cost of Materials }\\\text { Beginning work in process } & 40,000 & \$ 80,600 \\\text { Started in June } & 60,000 & 124,400 \\\text { Production completed } & 75,000 & \\\text { Ending work in process } & 25,000 &\end{array}$ The company's cost per equivalent unit for materials is:

A) $1.24.
B) $1.66.
C) $1.67.
D) $2.05.
E) None of the answers is correct.