Barton Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Consider the data that follow.

Number of UnitsCost of MaterialsBeginning work in process40,000$80,600Started in June60,000124,400Production completed75,000Ending work in process25,000

The company's cost per equivalent unit for materials is:

Multiple Choice

• $1.24.
• $1.66.
• $1.67.
• $2.05.
• None of the answers is correct.