ABC Inc. is a manufacturing company that produces widgets. The company's production process involves three stages: production, finishing, and packaging. The following data is available for the month of January 2023:

• Beginning work in process inventory: 4,000 units, 60% complete in production, 80% complete in finishing.
• Units started during the month: 20,000
• Ending work in process inventory: 6,000 units, 70% complete in production, 90% complete in finishing.
• Production costs incurred during the month: $80,000 for direct materials, $40,000 for direct labor, and $60,000 for manufacturing overhead.

Assuming that ABC Inc. uses the weighted-average method, calculate the equivalent units of production and the cost per equivalent unit.

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