Use the information below to answer the two questions that follow: Lebaum Corporation uses the weighted average method in its process costing system. Data concerning the second processing department for the most recent month are listed below: 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, $7,514) Costs transferred in during the month Materials cost added during the month Conversion costs incurred during the month $ 126,000 $ 82,000 $ 108,000 Q. What is the cost per equivalent unit for materials? (round to the nearest cent.) ANS. $ Q. Compute the cost of units completed and transferred out. ANS. $