Ice CreamCorporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventory:Units in beginning work in process inventory1,000Materials costs$13,100Conversion costs$5,200Percent complete with respect to materials75%Percent complete with respect to conversion20%Units started into production during the month9,700Units completed and transferred to the next department during the month8,600Materials costs added during the month$172,200Conversion costs added during the month$242,200Ending work in process inventory:Units in ending work in process inventory2,100Percent complete with respect to materials90%Percent complete with respect to conversion30%

The cost per equivalent unit for materials for the month in the first processing department is closest to:

Multiple Choice

• $17.31
• $17.66
• $16.37
• $16.06