Question: Weighted-average method is used in its process costing system. Beginning inventory in the first processing department consisted of 1,400 units. Materials Costs: $11,200 (65% complete)

Weighted-average method is used in its process costing system.

  1. Beginning inventory in the first processing department consisted of 1,400 units.

Materials Costs: $11,200 (65% complete)

Conversion Costs: $13,400 (30% complete)

2. Total of 9,100 units were started,

3. 8,000 units were transferred to the second processing department during the month.

Materials Costs: $142,700

Conversion Costs: $360,100

4. Ending inventory: 50% complete with respect to materials

5. 35% complete with respect to conversion costs.

What is the cost per equivalent unit for materials for the month in the first processing department?

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