Jasper Company uses the weighted average process costing method. The Mixing Department at Jasper had 17,000 units in beginning inventory. These units contained $88,000 in direct materials, $80,000 in direct labor, and $60,000 in overhead. During the period, the department incurred costs of $300,000 in direct materials, $400,000 in direct labor and $200,000 in overhead and started 80,000 units. Ending inventory consisted of 6,000 units which were 100% complete with respect to direct materials and 50% complete with respect to direct labor and overhead. What is the cost per equivalent unit for materials (rounded to the nearest cent)?

A. $4.26

B. $4.12

C. $4.00

D. $3.76

E. None of the answer choices is correct.