The Packaging Department had the following production. What is the cost 1 point per equivalent units for materials? Beginning Units Transferred Out Units Ending Units (60% materials, 40% conversion) Materials Costs Conversion Costs Total Costs 20,000 120.000 50,000 $480,000 $210,000 $690.000 $3.20 O $2.82 O $3.43 O $1.50