Summers Manufacturing Corporation produces chemical products using a continual process. Summers uses the weighted average method for process costing. All manufacturing is accomplished in one department. Materials are added at the beginning of the process while conversion costs are incurred evenly throughout the process. The work-in-process inventory at the beginning of February 2019 consisted of 10,000 gallons that were 20% complete. The work-in-process at the end of February consisted of 15,000 gallons that were 40% complete. During February 195,000 gallons were transferred to finished goods. The beginning inventory contained \($90,000\) of materials and \($30,000\) of conversion costs. Product costs incurred during February consisted of \($2,010,000\) of materials and \($3,186,000\) of conversion costs. 

Required 

Calculate equivalent units, cost per equivalent unit, and prepare the product cost report for Summers Manufacturing Corporation for the month of February.