Question: Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December. Work
Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December. Work in process, December 1 Cost added to production in the Mixing Department during December Equivalent units of production for December Materials $ 9,130 $ 227,500 10,900 Conversion $ 10,128 $285,232 10,400 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)
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