ABC Manufacturing Company produces widgets using a process costing system. The following information is available for the production of Widget X during the month: Beginning Work in Process Inventory: $10,000 Direct Materials Added: $25,000 Direct Labor Costs: $15,000 Manufacturing Overhead Costs: $20,000 Ending Work in Process Inventory: 8,000 units Units Started and Completed: 2,000 units What is the cost per equivalent unit?