O'Leary Company manufactures Product Z in a two-stage production cycle in Departments A and B. Materials are added at the beginning of the process in Department B. O'Leary uses the weighted average method. Conversion costs for Department B were 40% complete a to h e 500 in the beginning work in process IP inventory and 50% complete as to the 6 300 units in the ena ng work in rocess enton 9000 units lwere completed and transferred out of Department B during October. An analysis of the costs relating to work-in-process inventories and production activity in Department B for October follows: s __---- Transferred Materials Costs Conversion in Costs Costs WIP October 1 Costs added in October $9,000 $21,800 $2,600 $5,100 $900 $3,600 The total cost per equivalent unit transferred-out for October of Product Z, rounded to the nearest penny, was