Costs pertaining to November are as follows: Beginning Inventory: direct materlals, $55,360; direct labor, $21,120; manufacturing overhead, $16,040. Costs Incurred during the month: direct materlals, $476,000; direct labor, $190,880; manufacturing overhead, $399,160. What is the equivalent unit cost for materlals assuming Bentley uses first-In, first-out (FIFO) process costing? Multiple Choice $3.74 $4.40 $4.43 $4.53