All materials are added at the beginning of the process. Compute the cost per equivalent unit for materials costs. 0.83 0.85 0.97 1.01 3 The following information pertains to Yap Company's Grinding Department for the month of April: Units Materials Costs Beginning work in process 15,000 5,500 Started in April 40,000 18,000 Units completed and transferred out 42,500 Ending work in process 12,500 All materials are added at the beginning of the process. Using the weighted-average method, compute the closest cost per equivalent unit for materials. 0.59 ence