8-32. Compute Costs per Equivalent Unit: Weighted-Average Method The following information about the work-in-process inventory pertains to the Remington Plant for the month of July (all materials are added at the beginning of the process): The Remington Plant started 216,000 units and transferred out 200,000 in July. Materials costs incurred in July were $594,000 and conversion costs were $979,000. Required Compute the cost per equivalent unit for materials and conversion costs using the weighted-average method