Weighty Steel processes a single type of steel. All materials are added when the conversion process is 60% complete. For the current period the following information is given:

	Units	Material Costs	Conversion Costs
Beginning Inventory	3,000	$4,500	$5,400
Started During the Current Period	20,000	$32,000	$78,200
Ending Inventory	2,500

The beginning inventory was 70% complete as to conversion, while the ending inventory was 40% completed for conversion purposes. Weighty uses the weighted-average costing method.

The cost per equivalent unit for direct materials using weighted average is:

Weighty Steel processes a single type of steel. All materials are added when the conversion process is 60% complete. For the current period the following information is given:

	Units	Material Costs	Conversion Costs
Beginning Inventory	3,000	$4,500	$5,400
Started During the Current Period	20,000	$32,000	$78,200
Ending Inventory	2,500

The beginning inventory was 70% complete as to conversion, while the ending inventory was 40% completed for conversion purposes. Weighty uses the weighted-average costing method.

The cost per equivalent unit for direct materials using weighted average is:

a. $1.55

b. $1.70

c. $1.59

d. $1.78

e. $2.09