Parkway Company incurred $133,000 in material costs during July. Additionally, the 12.700 units in the Work in Process Inventory on July 1 had materials assigned to them of $39,000 even though they were only 10% complete as to materials No additional units were started during July, and there were no unfinished units on hand on July 31 What is the material cost per equivalent unit for July, assuming Parkway uses weighted average process costing Multiple Choice $10.47 11.40 $105