Check CO Required information The Foundational 15 [LO4-1, LO4-2, LO4-3, L04-4, L04-5) The following information applies to the questions d yed below Clopack Company manufactures one product that goes through one processing department called Mixing Araw materials are introduced at the start of work in the Mixing Department. The company uses the weighted average method of process costing its Work in Process T-account for the Moxing Department for Jun follow all forthcoming questions pertanto June !!! Work in Process Department 25,000 Completed and transferred to Finished Goods June 1 balance The June 1 work in process inventory consisted of 5.000 units with $16.000 in materials cost and $12.000 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 50% complete with respect to conversion. During June 37500 units were started into production. The June 30 work in process inventory consisted of 8.000 units that were 100% complete with respect to materials and 40% complete with respect to conversion Foundational 4-8 8. What is the cost per equivalent for materiais (Round your answer to 2 decimal places.)