(TCO F) Unizat Corporation uses the weighted-average method in its process costing system. The following information pertains to one of the company's processing departments for a recent month:                          

            Units   Material Cost 

Beginning work in process      30,000 22,000

Started during the month        80,000 72,000

Units completed          85,000            

Ending work in process          25,000            

All materials are added at the beginning of the process. The cost per equivalent unit for materials is closest to: (Points : 5)                              

$0.86                          

$0.90                          

$1.10                          

$1.18