Dawson Inc uses the weighted-average method in its process costing system. The following was reported for the Assembly Process for the latest month of production: Beginning work-in-process-inventory Units 60,000 % Complete for Conversion 15% Started into production during the month 85,000 Units completed and transferred out 125,000 D Ending work-in-process inventory 20,000 40% E D Costs Materials Conversion Beginning work-in-process-inventory $16,500 $33,2500 Current period costs $$643,500 $332,500 Materials are added at the beginning of the process. What is the cost per equivalent unit for materials? $4.00 $4.55 $4.96 $2.75