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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

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 100,000 $ 35,000
Started in May 280,000 105,200
Units completed 265,000
Ending work in process 115,000

Required:

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

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