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 $ 14,000 $ 21,351 $ 101,070 Cost added during May $ 84,700 $ 14,234 $ 67,380 Equivalent units of production 1,200 1,100 1,000 Required: 1. Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.) Materials Labor Overhead Cost per equivalent unit $ $ $ 2. Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places.) Total cost per equivalent unit $

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