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Precision Corporation is a manufacturer located in the northeast United States and uses a process costing system. Precision Corporation uses the weighted average method. Information
Precision Corporation is a manufacturer located in the northeast United States and uses a process costing system. Precision Corporation uses the weighted average method. Information for the Design Department for October follows: Work in process, October 1 Cost added during October Equivalent units of production Materials Labor Overhead $ 35,700 $ 59,421 $ 289,044 $ 216,450 $ 39,614 $ 192,696 3,000 2,900 2,800 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit
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