FOR COST ACCOUNTING:

Given the following information| Beginning Work in Process Inventory (70% complete as to conversion) Started Ending Work in Process Inventory (10% complete as to conversion) Beginning WIP Inventory Costs: Material Conversion Current Period Costs: Material Conversion P23,400 50,607 P31,500 76,956 6,000 units 24,000 units 8,500 units All material is added at the start of the process and all finished products are transferred out. Assume that weighted average process costing is used. What is the cost per equivalent unit for material?