Using the information from SE4 and the data that follow, compute the total cost per equivalent unit.

In SE4, Pearl Glaze adds direct materials at the beginning of its production process and adds conversion costs uniformly throughout the process. Given the following information from Pearl€™s records for July and using Steps 1 and 2 of the FIFO costing method, compute the equivalent units of production:
Units in beginning inventory ......... 3,000
Units started during the period ...... ... 17,000
Units partially completed in prior period .... .2,500
Percentage of completion of ending ....... 100% for direct materials;
work in process inventory .......... 70% for conversion costs
Percentage of completion of beginning ..... 100% for direct materials;
inventory in prior period ........... 40% for conversioncosts

Beginning Work in Process $7,600 2,545 Costs for the Period $20,400 32,490 Direct materials Conversion costs