Ogdan Outfitters began making stereos & uses the process cost system. All the manufacturing costs are added evenly throughout the production process. Ogdan had the following cost & production information available for the Month of March and April:

March April

Direct Material costs.............................$978,460 $1,168,310

Direct Labor costs...............................$2,562,260 $3,041,940

Overhead applied...............................$3,438,640 $3,571,030

TOTAL $6,979,360 $7,781,280

Units in beginning Work in Process 7,000 4,800

Started & Completed 11,500 18,200

Units in the end Work in Process 4,800 6,400

Beginning Work in Process is 40% complete in March and 60% complete in April. End Work in Process was 40% complete in March and 35% in April.

Instructions:

A) Calculate for the month of March only the Equivalent Full Units of production.

B) Based on the Equivalent Full Units produced in March what is the March cost per unit.