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I Want To Die, Co. is a manufacturer that uses a process costing system and the weighted average method to calculate costs. The following information

I Want To Die, Co. is a manufacturer that uses a process costing system and the weighted average method to calculate costs. The following information is available for the current period for the firms Blending department:

Equivalent units of production (EUP) with respect to Direct materials

72,200

Equivalent units of production (EUP) with respect to Conversion costs

54,600

Costs:

Beginning WIP inventory, direct materials costs

$88,900

Beginning WIP inventory, conversion costs

$71,700

Direct materials costs incurred during the current period

$204,500

Conversion costs incurred during the current period

$354,100

Calculate the cost per equivalent unit of production (cost per EUP) with respect to direct materials (round to two decimal places).

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