(Cost per EUP; weighted average & FIFO) Weeding Edges manufactures concrete garden edging sections. November 1997 production and cost information are as follows:

a. What is the total cost to account for?

b. Using weighted average process costing, what is the cost per equivalent unit for each cost component?

c. Using FIFO process costing, what is the cost per equivalent unit for each cost component?

d. How many units were in beginning inventory and at what percentage of completion was each cost component?LO1

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WA EUP: Direct material 40,000 sections Direct labor 38,000 sections Overhead 37,500 sections FIFO EUP: Direct material 30,000 sections Direct labor 31,000 sections BI costs: Overhead Direct material 33,000 sections $ 5,300 Direct labor 1,580 Overhead 3,630 Current period costs: Direct material $13,500 Direct labor 8,680 Overhead 21,120 All material is added at the beginning of processing.