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Assume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during

Assume the following information:

Milling Department Materials Conversion Total
Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000
Costs added during the period 293,500 385,000 678,500
Total cost $ 303,500 $ 400,000 $ 703,500

If the equivalent units of production for materials is 6,000 units using the weighted-average method, then what is the cost per equivalent unit for materials?

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