Question: Inacio 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:

Inacio 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 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:

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