Excalibur Ltd. began operations on October 1 of the current year. The company uses weightedaverage costing. Its production requires that direct materials are added at the beginning of the process and conversion costs are incurred uniformly. Direct materials costs for October were $380,000 and conversion costs were $1,750,000. There were 80,000 units started during the month. The ending inventory was 25,000 units which were 60% complete. The cost per equivalent unit for direct materials was:

when I calculate it I get 5.42 but the answer is 4.75.please let me know if I did something wrong