Lebaum Corporation uses the weighted average method in its process costing system. Data concerning the second processing a 400 units Production data: Units in process, beginning (materials 60% complete, conversion 20% complete) Units transferred in during the month from the preceding department Units completed and transferred out during the month: Units in process, ending: (materials 40% complete, conversion 80% complete) 1,200 units 1,000 units ? units $ 27,752 Cost data: Work in process, beginning: (consists of cost transferred in, $12,400, materials cost. $7,838, and conversion cost $7514) Costs transferred in during the month: Materials cost added during the month Conversion costs incurred during the month: $ $ $ 126,000 82,000 108,000 What is the cost per equivalent unit for materials? (Choose the closest answer) Multiple Choice $66.06 All of the other answers are incorrect