TB MC Qu. 5-86 Gunes Corporation uses the welghted-average... 6 Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 2,300 units. The costs and percentage completion of these units in beginning inventory were: 2 points Percent Complete 65% 30% Cost $12,100 $14,300 Materials costs Conversion costs X 01:53:11 A total of 10,000 units were started and 8.900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: eBook Materials costs Conversion costs Cost $143,600 $361,000 References The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for materials for the month in the first processing department is closest to: Multiple Choice o $14.69 $12 54 O O $11.94 $10.80 O