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 $ 22,300 $ 35,694 $ 173,247 $ 135,305 $ 23,796 $ 115,498 1,900 1,800 1.700 2:15 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 es Saved 3 20 points Brokia Electronics manufactures various types of cell phones and uses process costing. For the current month, Information concerning the Finishing Department appear below: Equivalent unite in ending work in process inventory Materials Conversion 2,070 850 Coat per equivalent unit 5 14.46 $5.33 8 22:43 eBook A total of 21.400 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total (Round your final answers to the nearest whole dollar amount.) Hint Materials Conversion Total Print 1. Cost of ending work in process inventory 2. Cost of units transferred out . References