Blossom Co. has equivalent costs for Direct Materials (DM) of $77280 and equivalent costs for Conversion Costs (CC) of $86000 for the month of July. The company reported the following information for July: Blossom uses the Weighted-Average method for their process costing. What is the equivalent cost per unit for Direct Materials? (Round intermediate calculations to 0 decimal places, e.g. 25,000.) $1.12 $1.14 $1.27 $1.38