Accounting A

Billinstaff Industries uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:

Materials

Labor

Overhead

  Work in process, May 1

$

23,500  

$

37,791  

$

183,654  

  Cost added during May

$

142,600  

$

25,194  

$

122,436  

  Equivalent units of production

2,000  

1,900  

1,800  

Required:

1.

Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)

     Materials

      Labor

     Overhead

  Cost per equivalent unit

$      

$      

$      

2.

Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places.)

  Total cost per equivalent unit

$