Yoder Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process 40,000 Percent complete with respect to materials 70% Percent complete with respect to conversion 60% Costs in the beginning inventory: Materials cost $8,600 Conversion cost $4,800 Units started into production during the month 750,000 Units completed and transferred out during the month ? Costs added to production during the month: Materials cost $223,000 Conversion cost $149,000 Work in process, ending: Units in process 30,000 Percent complete with respect to materials 40% Percent complete with respect to conversion 30% What was the cost per equivalent unit for materials during the month?