Sparky Corporation uses the weighted-average method of process costing. The following Information is available for February in its Molding Department 13 Units: Beginning inventory: 41000 units, 100% complete as to materials and 60% complete as to conversion Units started and completed: 142,000. Units completed and transferred out: 183,000 Ending Inventory: 38,000 units. 100% complete as to materials and 30% complete as to conversion 333 points Costs: Costs in beginning Work in Process Direct Materials: $59,000 Costs in beginning Work In Process - Conversion: $64,850 Costs incurred in February - Direct Materials: $394,600, Costs incurred in February - Conversion: $615150. Calculate the cost per equivalent unit of materials. Multiple Choice $2.05 O $2.01 O $17 O 52 35 O $2.67