Gilbert Adds Materials at the Beginning of Production and Incurs

Gilbert adds materials at the beginning of production and incurs conversion costs uniformly throughout the manufacturing process. Consider the data that follow. $\begin{array} { | l | c | } \hline & \text { Units } \\\hline \text { Beginning work in process } & 20,000 \\\hline \text { Started in August } & 60,000 \\\hline \text { Production completed } & 55,000 \\\hline \text { Ending work in process, } 40 ^ { \circ } \% \text { complete } & 25,000 \\\hline\end{array}$ Conversion cost in the beginning work-in-process inventory totaled $120,000, and August conversion costs totaled $270,000. Assuming use of the weighted-average method, which of the following choices correctly depicts the number of equivalent units for materials and the conversion cost per equivalent unit? $\begin{array} { | l | c | c | } \hline & \begin{array} { c } \text { Equivalent } \\\text { Units: } \\\underline {\text { Materials }}\end{array} & \begin{array} { c } \text { Conversion Cost } \\\underline {\text { Per Equivalent Unit }}\end{array} \\\hline 1 & 55.000 & \$ 4.91 \\\hline 2 & 65,000 & \$ 4.88 \\\hline 3 & 65.000 & \$ 6.00 \\\hline 4 & 80.000 & \$ 4.88 \\\hline 5 & 80.000 & \$ 6.00 \\\hline\end{array}$

A) 1
B) 2
C) 3
D) 4
E) 5