The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Units Material Costs Beginning work in process 80,000 $ 29,000 Started in May 250,000 99,600 Units completed 265,000 Ending work in process 65,000

Required:

Compute the cost per equivalent unit for materials using the weighted-average method. (Round "Cost per equivalent unit" answer to 2 decimal places.)

Total costs to be accounted for Cost per equivalent unit