The following information is for Hane Company. The "percent completed" numbers are for conversion costs; all direct materials are added at the beginning of the production process. For the beginning inventory, the percentage given is the percentage that was already completed as of the beginning of the period. For the ending inventory, the percentage given is the percentage that was completed as of the end of the period. Units Percent Completed Direct Materials Costs Conversion Costs Beg work in process 8,000 70% $11,000 $29,000 Units started and completed during the period 25,000 Costs added this period $74,000 $161,000 Ending work in process 12,000 40% Units completed and transferred during the period 33,000 Compute the total production cost per equivalent for work done during the period. Assume a FIFO flow of costs. Hint: Total production cost incurred during the period was$235,000.