Richards Corporation uses the weighted-average method of process costing. The following information is availab for October in its Fabricating Department: Units: Beginning Inventory: 82,000 units, 70% complete as to materials and 25% complete as to conversion Units started and completed: 254,000. Units completed and transferred out: 336,000 Ending Inventory: 31,000 units, 40% complete as to materials and 15% complete as to conversion Costs: Costs in beginning Work in Process - Direct Materials: $39,200. Costs in beginning Work in Process - Conversion: $81700. Costs incurred in October - Direct Materials: $718,480 Costs incurred in October - Conversion: $921,300. Calculate the cost per equivalent unit of materials Multiple Choice O $3,01 $2.05 O 527 O $238 O $268