Bost Products Inc. Bost Products Inc. manufactures plastic products and uses process costing to account for the cost of products manufactured. All product costs are added evenly throughout the production process. The following information was available for the plastic department for the month of December Number - of units 26,500 560.000 15,000 Production Costs $ 82,000 2,000,000 Beginning work-in-process (70% complete) Units started in the current period Ending work-in-process (35% complete) Refer to the Bost Products Inc. information above. If Bost uses the first in first-out (FIFO) method of computing equivalent units and assigning product costs, what is the cost per equivalent unit? (round to nearest penny) $6.45 $3.00 $358 $888