Cost Per Equivalent Unit—Weighted-Average Method [LO3]

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

Required:
1. Compute the cost per equivalent unit for materials, for labor, and for overhead.
2. Compute t he t otal c ost pe r e quivalent w hole uni t.

Materials Labor Overhead Work in process, May 1 $14,550 $23,620 $118,100 Cost added during May $88,350 $14,330 $71,650 Equivalent units of production... 1,200 1,100 1,100