Blossom Co. has equivalent costs for Direct Materials (DM) of $78262 and equivalent costs for Conversion Costs (CC) of $86800 for the month of July. The company reported the following information for July: Ending Inventory, June Units Started in July Units Completed in July Ending Inventory, July Physical Units O $1.11 O $1.23 O $1.37 O $1.09 15300 56600 61600 DM CC 100% 46% 10200 100% 89% 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.)

Blossom Co. has equivalent costs for Direct Materials (DM) of $78262 and equivalent costs for Conversion Costs (CC) of $86800 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 ploces, es. 25,000) $1.11 $1.23 $1.37 $1.09