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Novak's is a brand of lotion created specifically for sensitive skin. The company, which goes by the same name, manufactures in small batches so the
Novak's is a brand of lotion created specifically for sensitive skin. The company, which goes by the same name, manufactures in small batches so the lotion retains its special qualities. The batch in process on December 31 included 150 units, determined to be 60% complete as to conversion costs. DM costs had already been added, as all DM is added at the very beginning of processing. During January, Novak's started another 2,050 units, and by January 31, 2,100 units were completed, leaving 100 units still in process. Units in ending WIP Inventory were 50% complete for conversion costs. The following costs existed or were added to the WIP Inventory account in January. Novak's uses the weighted-average method of process costing. What was Novak's total cost of completing one unit of Iotion this month? (Round answer to 2 decimal places, e.g. 15.25.) Total cost of completing one unit this month $
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