The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory...

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The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 21,400 Units finished during the period 16,700 Units in process at the end of the period (complete as to materials, complete as to labor and overhead) 4,700 Cost of materials used $43,470 Labor and overhead costs $45,645 Cost per equivalent unit of materials is: Multiple Choice O $2.03. $2.35 $2.55. $2.13 The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 21,400 Units finished during the period 16,700 Units in process at the end of the period (complete as to materials, complete as to labor and overhead) 4,700 Cost of materials used $43,470 Labor and overhead costs $45,645 Cost per equivalent unit of materials is: Multiple Choice O $2.03. $2.35 $2.55. $2.13