The Lakeside Company uses a weighted average process costing system. The following data are available: 20,800 16,400 0:30:34 Beginning inventory Units started in production Units finished during the period Units in process at the end of the period (complete as to materials, % complete as to labor and overhead) Cost of materials used Labor and overhead costs 4,400 $39,789 $42,000 Cost per equivalent unit of materials is: Multiple Choice $1.91 Too o $2.23 $2.02