Assume Towery Company uses a process costing system based on the weighted average method. Towery's accountant produces the following equivalent unit calculations for the month of July for the first department: Where do the units come from? Where do the units 20? Equivalent Units % Work Direct % Work Conversion Done? Materials Done? Dosts Beginning Inventory 700 Completel Transferred 4,800 100% 4,800 100% 4,800 Started - Ending Inventory 900 100% _ 500 70%. 630 Total Total 5,700 5,700 Also assume that the beginning inventory had accumulated $2]850 of materials and $7,930 of conversion costs in the previous month. During the month of July, current costs included $34,998 of materials and $97,412 of conversion costs, Calculate the average cost per equivalent unit for materials costs for the month of July. Label your answer and computational steps properly to receive partial credits. 5.000 5.700