Boron Refiners Had 50,000 Gallons Started in Its Process in June.At

Multiple Choice

Boron Refiners had 50,000 gallons started in its process in June.At June 30,35,000 gallons were completed and transferred to finished goods and 10,000 gallons were still in process,one-fourth completed as to materials,labor and overhead.The remaining 5,000 units were lost to evaporation,a normal result of the process.Costs of production during the month were $75,000,$50,000,and $25,000 for material,labor and overhead,respectively.What is the cost per equivalent unit in June?

A) $4.00
B) $3.33
C) $3.53
D) $3.75