The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Material Costs Units Beginning work in process 100,000 Started in May 280,000 $ 35,000 101,600 Units completed 265,000 Ending work in process 115,000 Required: Compute the cost per equivalent unit for materials using the FIFO method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit