During March, the production department of a process operations system completed and transferred to finished goods 40,000 units that were in process at the beginning of March and 180,000 units that were started and completed in March March's beginning inventory units were 100% complete with respect to materials and 30% complete with respect to labor At the end of March, 31,000 additional units were in process in the production department and were 100% complete with respect to materials and 55% complete with respect to labor. The production department incurred direct materials cost of $255,400 and its beginning inventory included materials cost of $94,200. Compute the direct materials cost per equivalent unit for the department using the weighted-average method. $1.42 $1.39 $1.94 $1.37 $1.59