Parandah Electronics Ltd., located in England, assembles a standard electrical component from parts it purchases from various suppliers. The production process consists of several steps, starting with assembly, which takes place in the Assembly Department. The company recently hired a new accountant, who prepared the following report for the department for May, using the weighted- average method: Quantity Schedule Units to be accounted for: Work in process, May 1 (materials 90% complete; conversion 80% complete) Started into production 8,000 26,000 Total units 34,000 Units accounted for as follows: Transferred to next department 28,000 Work in process, May 31 (materials 75% complete; conversion 50% complete) Total units 6,000 34,000 Cost Reconciliation Cost to be accounted for: Work in process, May 1 Cost added in the department Total cost to be accounted for 13,400 87,800 101,200 Cost accounted for as follows: Work in process, May 31 Transferred to next department Total cost accounted for 12,450 88,750 101,200 A The company's management would like some additional information about May's operation in the Assembly Department. (The currency in England is the pound, denoted by the symbol .) Required: 1. How many units were started and completed during May? Units started and completed during May 2. What were the equivalent units for May for materials and conversion costs? Equivalent units of production Materials Conversion 3. What were the costs per equivalent unit for May? The following additional data are available concerning the department's costs: Note: Round your answers to 2 decimal places. Work in process, May 1 Costs added during May Materials 9,000 56,000 Conversion 4,400 31,250 Total 13,400 87,250 Cost per equivalent unit Materials Conversion