Ice Cream Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventory:
Units in beginning work in process inventory		2,500
Materials costs	$	14,600
Conversion costs	$	6,700
Percent complete with respect to materials		75	%
Percent complete with respect to conversion		20	%
Units started into production during the month		11,200
Units completed and transferred to the next department during the month		10,100
Materials costs added during the month	$	173,700
Conversion costs added during the month	$	243,700
Ending work in process inventory:
Units in ending work in process inventory		3,600
Percent complete with respect to materials		90	%
Percent complete with respect to conversion		30	%

The cost per equivalent unit for materials for the month in the first processing department is closest to:

Multiple Choice

• $14.12

• $11.26

• $12.51

• $11.57