Zebra Company manufactures Product Z in a two-stage production cycle in Departments A and B. Materials are added at the beginning of the process in Department B. Zebra uses the weighted-average method. Conversion costs for Department B were 40% complete as to the 42,500 units in the beginning work-in-process (WIP) inventory and 50% complete as to the 59,500 units in the ending work-in-process inventory. 85,000 units were completed and transferred out of Department B during October. An analysis of the costs relating to work-in-process inventories and production activity in Department B for October follows: Transferred- in Costs WIP, October 11 $ 85,000 Costs added in October 204,000 Materials Costs $ 25,500 46,750 Conversion Coats $8,500 37,400 The total cost per equivalent unit transferred-out for October of Product Z, rounded to the nearest penny, was: