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 $ 40,600 $ 68,409 $ 331,872
Cost added during May $ 246,530 $ 45,606 $ 221,248
Equivalent units of production 3,400 3,300 3,200
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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