Exercise 6.32 Novak is a toy maker that produces Flying Flingbats, a soft foam rubber weapon. All direct materials are added at the beginning of production, and conversion costs are incurred enly throughout production. Conversion was 60% complete forthe 8,200 units in wip on December 1 and 50% complete for the 6,400 units in wip on December 31, During the month, 13,000 Flingbats were completed and transferred out as finished goods. Following is a summary of the costs for the period: Direct Conversion Materials Costs Work in process, December 1 18,400 7,900 33,980 21,260 Using the weighted average method, prepare a schedule calculating the total cost per equivalent unit for December. (Round all entries to 2 decimal places, e.g. 15.25.) Direct materials per equivalent unit Conversion costs per equivalent unit Total cost per equivalent unit