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 $148,500 475,200 Beginning work in process Started in May Units completed Ending work in process 54,000 144,000 153,000 45,000 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