Kalox, Inc., manufactures an antacid product that passes through two departments. Data for May for the first department follow:

	Gallons	Materials		Labor		Overhead
Work in process, May 1	80,000	$	68,600	$	30,000	$	48,000
Gallons started in process	760,000
Gallons transferred out	790,000
Work in process, May 31	50,000
Cost added during May		$	907,200	$	370,000	$	592,000

The beginning work in process inventory was 80% complete with respect to materials and 75% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 20% complete with respect to labor and overhead.

Required:

Assume that the company uses the FIFO method of accounting for units and costs.

1.	Compute the equivalent units for Mays activity for the first processing department.

	Materials	Labor	Overhead
Equivalent units of production

2.	Determine the costs per equivalent unit for May. (Round your answers to 2 decimal places.)

	Materials	Labor	Overhead
Cost per equivalent unit	$	$	$