Kenney Co. uses process costing to account for the production of canned energy drinks, Direct moterials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 23,200 units for materials and 18,000 units for conversion costs. Beginning inventory consisted of $15,200 in materials and $10,400 in conversion costs. April costs were $61,600 for materials and 568,000 for conversion costs. Ending inventory still in process was 10,400 units (100% complete for materials, 50% for conversion). The cost per equivalent unit for materials using the weighted average method would be closest to: Multiple Choice 50.8469 $33103 O $6.7000 $2.7700