Lakeland Chemical Manufactures a Product Called Zing

Lakeland Chemical manufactures a product called Zing.Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production.The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 20% complete.The following data pertain to May: Using the weighted-average method of process costing, the cost per unit of conversion activity is:

A) $2.50.
B) $2.53.
C) $2.70.
D) $2.76.
E) None of the answers is correct.