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The following data for the month of September were taken form the cost records of Department 1 of Pro-Life products which uses process costing system:

The following data for the month of September were taken form the cost records of Department 1 of Pro-Life products which uses process costing system: 


Opening inventory of work in process: 


Units - 500 (with all materials added and 50% of labor and overhead) 


Cost - Materials2, 400 


Labor1, 500 


Factory overhead760 


 


Put into production: 


Units - 5, 000 


Costs - Materials25, 100 


Labor19, 380 


Factory overhead14, 900 


 


Completed and transferred - 4, 800 units 


Ending inventory of work in process: 


Units - 700 (with all materials, and 60% of labor and overhead) 


 


The cost per equivalent unit (rounded to nearest centavo) under FIFO: 


The cost per equivalent unit (rounded to nearest centavo) under weighted average: 


The following data for the month of September were taken form the cost records of Department 1 of Pro-Life products which uses process costing system: 


Opening inventory of work in process: 


Units - 500 (with all materials added and 50% of labor and overhead) 


Cost - Materials2, 400 


Labor1, 500 


Factory overhead760 


 


Put into production: 


Units - 5, 000 


Costs - Materials25, 100 


Labor19, 380 


Factory overhead14, 900 


 


Completed and transferred - 4, 800 units 


Ending inventory of work in process: 


Units - 700 (with all materials, and 60% of labor and overhead) 


 


The cost per equivalent unit (rounded to nearest centavo) under FIFO: 


The cost per equivalent unit (rounded to nearest centavo) under weighted average: 





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