Quantity Schedule	Equivalent Units (EU)
		Materials	Conversion
Units accounted for as follows:
Transferred to the next process	190,000
Work in process, May 31 (all materials, 60% conversion cost added this month)	10,000
Total units and equivalent units of production	200,000

Helox, Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Quantity Schedule Units to be accounted for: Work in process, May 1(60% materials, 75% conversion cost added last month) Started into production 20,000 180,000 Total units 200,000 Costs in the beginning work-in-process inventory of the first processing department were materials, $4,000, and conversion cost, $14,200. Costs added during the month were materials, $56,000, and conversion cost, $360,360. Required: 1. Assume that the company uses the weighted average cost method of accounting for units and costs. Determine the equivalent units for the month for the first process. Quantity Schedule Equivalent Units (EU) Materials Conversion 190,000 Units accounted for as follows: Transferred to the next process Work in process, May 31 (all materials, 60% conversion cost added this month) Total units and equivalent units of production 10,000 200,000 0 0 2. Compute the costs per equivalent unit for the month for the first process. (Round your answers to 3 decimal places.) Materials Conversion Whole Unit Cost per equivalent unit