Gamma, Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Quantity Schedule Units to be accounted for: Work in process, May 1 (60% materials, 75% conversion cost added last month) 52,000 Started into production 196,000 Total units 248,000 Costs in the beginning workinprocess inventory of the first processing department were materials, $8,818; and conversion cost, $18,000. Costs added during the month were materials, $83,454; and conversion cost, $460,170. Required: 1. Assume that the company uses the weighted average cost method of accounting for units and costs. Determine the equivalent units for the month for the first process. Units accounted for as follows: 228,000 228,000 24,800 14,880 252,800 242,880 Transferred to the next process 228,000 Work in process, May 31 (all materials, 60% conversion cost added this month) Total units and equivalent units of production 248,000 24,800 2. Compute the costs per equivalent unit for the month for the first process. (Round your answers to 3 decimal places.)