Weighted Average Method, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process Holmes Products, Inc., produces plastic cases used for video cameras. The product passes through three departments. For April, the following equivalent units schedule was prepared for the first department: Units completed Units, ending work in process x Percentage complete: 8,000 x 100% 8,000 x 50% Equivalent units of output conversion Direct Materials Costs 27,000 27,000 8,000 4,000 35,000 31,000 Costs assigned to beginning work in process: direct materials, $90,000; conversion costs, $45,750. Manufacturing costs incurred during April: direct materials, $120,000; conversion costs, $210,000. Holmes uses the weighted average method. Required: 1. Compute the unit cost for April. If required, round your answer to the nearest cent. per equivalent unit