Answer:
Cost per equivalent unit of material =$1.51
                                   
Explanation:
<em>Equivalent units are notional whole units which represent incomplete work and are used to apportion production costs between work in progress and finished work.</em>
Equivalent units = Degree of completion × units
<em>Items                                                   Equivalent units</em>
Opening inventory    27,000×100%   =    27,000
Fully worked              180,000× 100% =  180,000
Closing inventory      24,000× 100%  =   <u>24,000</u>
Total equivalent units                              <u> 231,000</u>
Cost per equivalent unit of material = 93,800+254,000/231,000 units