Question: Exercise 8-28 (Algo) Compute Costs per Equivalent Unit: Weighted-Average Method (LO 8-3) The following information pertains to the Moline Facility for the month of May

Exercise 8-28 (Algo) Compute Costs per Equivalent Unit: Weighted-Average Method (LO 8-3) The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Beginning work in process Units 100,000 Material Costs $ 30,000 Started in May 250,000 113,000 Units completed 250,000 Ending work in process 100,000 Required: Compute the cost per equivalent unit for materials using the weighted-average method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Total costs to be accounted for Cost per equivalent unit

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