Nettle Co. uses process costing to account for the production of rubber balls. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 14,900 units for materials and 14,500 units for conversion costs. Beginning inventory consisted of $7,500 in materiels and $11,350 in conversion costs. April costs were $40,975 for materials and $62,350 for conversion costs. Ending inventory still in process was 7,250 units (100% complete for materials, 50% for conversion). The equivalent cost per unit for materials using the FIFO method would be closest to Multiple Choice $1.2651 $3.2534 $2.7500