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Holling Inc. uses the weighted-average method in its process costing. The following data concern the companys Mixing Department for the month of December. Materials Conversion
Holling Inc. uses the weighted-average method in its process costing. The following data concern the companys Mixing Department for the month of December. Materials Conversion Work in process, December 1 $ 8,130 $ 9,128 Cost added to production in the Mixing Department during December $ 226,500 $ 284,232 Equivalent units of production for December 9,900 9,400 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)
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