Question: Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December Materials Conversion
Holling Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December Materials Conversion Work in process, December 1 $ 9,430 $ 10,428 Cost added to production in the Mixing Department during December $ 227,800 $285,532 Equivalent units of production for December 11,200 10,700 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit
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