The cost per equivalent unit for materials for the month in the first processing department is closest to:

A) $11.31
B) $12.21
C) $11.58
D) $11.93

Cost Per Equivalent Unit

A calculation used in process costing that determines the cost to produce a single equivalent unit, considering both completed and partially completed goods.

Processing Department

A specific section or area within a manufacturing facility where a particular type of processing or operation is carried out on products.