EXERCISE $4-6($Appendix $4$A$)$ Cost per Equivalent Unit$$FIFO Method $[$ LO$6]$

Resprin Company uses the FIFO method in its process costing system. Data for the Assembly Department for May appear below:

Materials Labor Overhead

Cost added during May $...............$ $$82,560$ $$52,920$ $$132,300$

Equivalent units of production $..........16,00014,00014,000$

Materials Conversion

Cost of work in process inventory at the beginning of the period $.......$ $$2,700$ $$380$

Equivalent units of production in the ending work in

process inventory $.........................................800200$

Equivalent units of production required to complete

the beginning work in process inventory $........................400700$

Cost per equivalent unit for the period $...........................$ $$4\mathrm{.}40$ $$1\mathrm{.}30$

Required:

Compute the cost per equivalent unit for materials, for labor, for overhead, and in total