When computing the cost per equivalent unit under the weighted-average method of process costing, the cost per equivalent unit for direct material is computed by which of the following?

Multiple Choice

Dividing the total direct-material cost by the total equivalent units

Dividing the total equivalent units by the total direct-material cost

Taking total direct-material cost multiplied by the total equivalent units

Adding direct-material cost plus total equivalent units and then dividing by 2

None of these answers is correct