Canyon Company's Assembly Department has the following production and manufacturing information for February:

Units

• 28,000 in beginning inventory that are 100 percent complete for materials and 20 percent for conversion.

• 44,600 units finished and transferred out.

• 17,500 units in ending inventory that are 100 percent complete for materials and 45 percent complete for conversion.

Required:

Calculate cost per equivalent unit using the weighted-average method.

Transcribed Image Text:

Costs Materials Conversion $ 47,200 $13,500 Beginning Current 30,000 111,400