1. Easton Company, on March 1, 2021 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Easton started into production 14,000 units. At the end of the month there were 7,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 50% complete with respect to conversion. For the month of March the following costs were incurred and recorded in the WIP:

Direct Material$20,000

Direct Labor9,000

Factory Overhead30,000

Easton uses the weighted-average process costing method. Use this information to determine the conversion cost per equivalent unit for the month of March. (Round your answer to the closest cent per unit)

2. Atlantis Company, on March 1, 2021 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Atlantis started into production 16,000 units. At the end of the month there were 6,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 70% complete with respect to conversion. For the month of March the following costs were incurred and recorded in the WIP:

Direct Material$40,000

Direct Labor15,000

Factory Overhead38,000

Atlantis uses the weighted-average process costing method. Use this information to determine the cost per unit transferred to finished goodsfor the month of March: Round and enter final answers to the nearest cent.