Assume Eames Company uses a process costing system based on the weighted average method. Eames accountant produces the following equivalent unit calculations for the month of November:

Also assume that the beginning inventory had accumulated $15,500 of materials and $9,600 of conversion costs in the previous month. During the month of November, current costs included $157,460 of materials and $193,335 of conversion costs.

Calculate the average cost per equivalent unit for materials for the month of November.

Select one:

a. $0.13

b. $0.67

c. $6.85

d. $7.52

e. $8.34

Where do the units come from? Where do the units go? Beginning Inventory Started % Work Done? 100% 100% Equivalent Units Direct %. Work Materials Done? 20,000 100% 3,000 25% 23,000 2,000 21,000 23,000 Complete/Transferred Ending Inventory Total 20,000 3,000 23,000 Conversion Costs 20,000 750 20,750 Total