Item5

Time Remaining 1 hour 20 minutes 49 seconds

01:20:49

Item5

Item 5

Time Remaining 1 hour 20 minutes 49 seconds

01:20:49

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 inventory1,200Materials costs$13,300Conversion costs$5,400Percent complete with respect to materials75%Percent complete with respect to conversion20%Units started into production during the month9,900Units completed and transferred to the next department during the month8,800Materials costs added during the month$172,400Conversion costs added during the month$242,400Ending work in process inventory:Units in ending work in process inventory2,300Percent 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: