Ferdon Watches, Inc, makes four models of watches, Gag-Gift, Commuter, Sport, and Retirement. Ferdon manufactures the watches in four departments: Assembly, Polishing, Special Finishing, and Packaging. All four models are started in Assembly where all materialis assembled. The Gag-Gift is transferred to Packaging, where it is packaged and transferred to finished goods inventory. The Commuter and Sport are assembled, then transferred to Polishing. Once the polishing process is completed, they are transferred to Packaging and then finished goods. The Retirement model is assembled and then transferred to Special Finishing, and then Packaging. When packaged, it is transferred to finished goods, Data for October are shown in the following table. Conversion costs are allocated based on the number of units processed in each department Gag-Gift Commuter Sport Retirement Total (8,000 units) (13,000 units) (19,000 units) (5,000 units) Materials $ 380,000 $30,000 $104,000 $171,000 $75,000 Conversion costs: Assembly $ 180,000 Polishing 96,000 Special Finishing 50,000 Packaging 135,000 Total conversion costs $461,000 Required: b. What is the cost per unit transferred to finished goods inventory for each of the four watches in October? (Round "Cost Per Unit" to 2 decimal places.) Cost Per Unit Gag-Gill Commuter Sport Retirement The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Beginning work in process Started in May Units completed Ending work in process Units Material Costs 80,000 $ 34,000 280,000 109,400 260,000 100,000 Required: Compute the cost per equivalent unit for materials using the weighted average method. (Round "Cost per equivalent unit" answer to 2 decimal places.) Answer is not complete. $ 143,400 Total costs to be accounted for Cost per equivalent unit