Assume the following information A Percent Complete Materials Conversion 400 304 Unito 200 6,200 Milling Department Beginning work in process inventory Units started into production during March Units completed during the period and transferred to the next department Ending work in process inventory 47:39 5,800 600 1000 700 1001 603 Ming Department Contot beginning work in process Inventory Coate added during the period Total cont Materiale $ 10,000 294.000 5 304,000 Conversion $ 15,000 385,000 $ 400,000 Using the FIFO method, the cost per equivalent unit for materials is closest to