See additional details below. Supporting Materials

Thomas Manufacturing produces a chemical pesticide and uses process costing. There are three processing departments-Mixing, Refining, and Packaging. On January 1, the Refining Department had 4,000 gallons of partially processed product in production. During January, 34,000 gallons were transferred in from the Mixing Department, and 32,000 gallons were completed and transferred out. At the end of the month, there were 6,000 gallons of partially processed product remaining in the Refining Department. See additional details below. What was the cost per equivalent unit with respect to direct materials costs for the Refining Department in the month of January? Use the weighted-average method. (Round your calculations to the nearest cent.) Supporting Materials Refining Department, b e *nning balance at J anuary I Quanhty: Cost: Costs added during January Cost of transferred in Direct materials cost Conversion cost 4,000 units {partially pmcesd) $15,600 of cos transfemed in $1,000 of cost $4 500 of conversion cost $21 100 total acrount $47,000 $93,750 Refining Departnuent, ending b alame J a_mmry 31 Quantity: Fen_-ent complete for rnatEF.aLs cost: Pement compl& for mnvemion @ $1.29 o $2.71 o $1.26 o $8.00 6,000 units {partially pracesci)