Helox, Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows:

Costs in the beginning work-in-process inventory of the first processing department were materials, $4,000, and conversion cost, $14,200. Costs added during the month were materials, $56,000, and conversion cost, $360,360.

Required:

1. Assume that the company uses the weighted average cost method of accounting for units and costs. Determine the equivalent units for the month for the first process.

2. Compute the costs per equivalent unit for the month for the first process.

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Quantity Schedule Units to be accounted for: Work in process, April 1 (60% materials, 75% conversion cost added last month) 20,000 Started into production 180,000 Total units 200,000 EUS Materials Conversion Units accounted for as follows: Transferred to the next process 190,000 ?_ _? Work in process, May 31 (all materials, 60% 10,000 conversion cost added this month) Total units 200,000