A company uses a process costing system. Its Mixing Department's beginning inventory consisted of 30,000 units, 75% complete with respect to direct labor and overhead. The department completed and transferred out 127,500 units this period. The ending inventory consists of 20,000 units that are 25% complete with respect to direct labor and overhead. The department incurred direct labor costs of $24,000 and overhead costs of $32,000 for the period. Assuming the weighted average method, the overhead cost per equivalent unit (rounded to the nearest cent) is: $0.25 per EUP $0.30 per EUP $0.21 per EUP $0.20 per EUP $0.24 per EUP