Question: 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

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 $ 24,700 $ 39,900 $ 194,085
Cost added during May $ 149,915 $ 26,600 $ 129,390
Equivalent units of production 2,100 2,000 1,900

Required:
1.

Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)

Materials Labor Overhead
Cost per equivalent unit $ $ $

2.

Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places. Omit the "$" sign in your response.)

Total cost per equivalent unit $

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