Help Save Assume the following information: Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials Conversion Total $ 10,000 $ 15,000 $ 25,000 291,500 385,000 676,500 $301,500 $400,000 $701,500 If the equivalent units of production for materials is 6,000 units using the weighted average method, then what is the cost per equivalent unit for materials? Multiple Choice $116.92 $50.25 $48.58 $66.67