The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process) Beginning work in process Started in May Units completed Ending work in process Units Material Costs 100,000 $ 38,000 230,000 112,000 245,000 85,000 Required: Compute the cost per equivalent unit for materials using the weighted-average method. (Round "Cost per equivalent unit" answer to 2 decimal places.)