Laredo Leather Company manufactures high-quality leather goods. The company's profits have declined during the past nine months. In an attempt to isolate the causes of poor profit performance, management is investigating the manufacturing operations of each of its products. One of the company's main products is leather belts. The belts are produced in a single, continuous process in the Dallas Plant. During the process, leather strips are sewn, punched, and dyed. The belts then enter a final finishing stage to conclude the process. Labor and overhead are applied continuously during the manufacturing process. All materials, leather strips, and buckles are introduced at the beginning of the process. The firm uses the weighted-average method to calculate its unit costs. The leather belts produced at the Dallas Plant are sold wholesale for $9.85 each. Management wants to compare the current manufacturing costs per unit with the market prices for leather belts. Top management has asked the Dallas plant used to determine whether modifications in the production process should be initiated or whether an increase in the selling price of the belts is justified. The cost per belt used for planning and control is $5.15. The work-in-process inventory consisted of 300 partially completed units on October 1 . The belts were 25 percent complete as to conversion. The costs included in the inventory on October 1 were as follows: During October 7,500 leather strips were placed into production. A total of 6,900 leather belts were completed. The workin-process inventory on October 31 consisted of 900 belts, which were 50 percent complete as to conversion. The costs charged to production during October were as follows: The work-in-process inventory consisted of 300 partially completed units on October 1 . The belts were 25 percent complete as to conversion. The costs included in the inventory on October 1 were as follows: During October 7,500 leather strips were placed into production. A total of 6,900 leather belts were completed. The workin-process inventory on October 31 consisted of 900 belts, which were 50 percent complete as to conversion. The costs charged to production during October were as follows: In order to provide cost data regarding the manufacture of leather belts in the Dallas Plant to the top management of Laredo Leather Company, compute the following amounts for the month of October. 1. The equivalent units for material and conversion. 2. The cost per equivalent unit of material and conversion. 3. The assignment of production costs to the October 31 work-in-process inventory and to goods transferred out. 4. The weighted-average unit cost of leather belts completed and transferred to finished goods. Complete this question by entering your answers in the tabs below. The equivalent units for material and conversion. The cost per equivalent unit of material and conversion. (Round "Cost per equivalent unit" to 2 decimal places.) The assignment of production costs to the October 31 work-in-process inventory and to goods transferred out. The weighted-average unit cost of leather belts completed and transferred to finished goods. (Do not round your intermediate calculations. Round your answer to 2 decimal places.)