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Here is information from production cost report of Newman corporation. Newman uses process costing system, weighted- average method). What is the total production cost per

Here is information from production cost report of Newman corporation. Newman uses process costing system, weighted- average method). What is the total production cost per unit according to the report ?

Total unites over the year 900,000 units

Total finished goods over the year

700,000 units
Equivalent units raw material 900,000 units
Equivalent units conversion cost 820,000 units
Raw material beginning of the year $50,000
Raw material cost beginning of the year $400,000
Conversion cost beginning of the year $35,000
Direct labour over the year $40,000
Manufacturing overhead over the year $130,000
Total work in process at the end of the year 60% done 200,000 units

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