Nunez Products Inc -If Nunez Uses the First-In,first-Out (FIFO)method of Computing Equivalent Units

Nunez Products Inc. uses process costing. The following information was available for the current year:
$\begin{array}{lrr}&\text { Number }&\text { Production }\\& \underline{\text { of units }}& \underline{\text { Costs }}\\\text { Beginning work-in-process ( } 20 \% \text { complete) } & 400 & \$ 640 \\\text { Current period production } & 20000 & 133760 \\\text { Ending work-in-process ( } 40 \% \text { complete) } & 6000 &\end{array}$


-If Nunez uses the first-in,first-out (FIFO) method of computing equivalent units and assigning product costs,what is the cost per equivalent unit? (round to nearest cent)

A) $5.89
B) $8.00
C) $8.12
D) $8.04