Required information Problem 4-34 Process Costing in a Public Accounting Firm (LO 4-3, 4-4,4-5) (The following information applies to the questions displayed below.) Scrooge and Zilch, a public accounting firm in London, is engaged in the preparation of income tax returns for individuals. The firm uses the weighted-average method of process costing for internal reporting. The following Information pertains to February. ( denotes the British monetary unit, pounds sterling.) 360 1,020 400 Roturna in proceso, Pebruary 11 (26) complete) Returns started in February Returns in process, February 28: (755 complete) Returno in process, February 11 Labor Overhead Labor, February (4,650 hours) Overhead, February 3,000 4,400 93,000 42,960 "Although the euro is used in most European markets, day-to-day business in the United Kingdom continues to be conducted in pounds sterling Problem 4-34 Part 1 Required: 1. Compute the following amounts for labor and for overhead: a. Equivalent units of activity b. Cost per equivalent unit. Problem 4-34 Part 1 Required: 1. Compute the following amounts for labor and for overhead: a. Equivalent units of activity. b. Cost per equivalent unit Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Compute the total equivalent units of activity for labor and for overhead Total Equivalent Units of Activity Labor Overhead Req 18 > Problem 4-34 Part 1 Required: 1. Compute the following amounts for labor and for overhead: a. Equivalent units of activity. b. Cost per equivalent unit. eBook Print Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Compute the cost per equivalent unit for labor and for overhead. Costs per Equivalent Unit Labor Overhead Total