Nettle Company uses process costing to account for the production of rubber balls. All direct materials are added at the beginning of the process, and corversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 12,000 units for materiats and 10.000 units for corversion costs. Beginning inventory consisted of $7.000 in materials and $4,000 in conversion costs. April costs were $36,000 for materials and $40,000 for conversion costs. Ending inventory still in process consisted of 4,000 units (100\% complete for materials, 50% for conversion) The total cost per equivalent unit using the FIFO method would be: Multiple Choice $7.98 $7.00 $6.91 $7.25