1. Slam Corp uses the weighted-average method in it process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department are: Ending WIP Material is 60% complete and conversion is 35% complete. Ending WIP has 65,000 EUs.

Hint (conversion is labor and OH)

Units Material Labor Overhead

Units transferred to next dept 684,000 684,000 684,000

Equivalent units in ending WIP inventory

65,000 x .60

65,000 x .35

Equivalent units of production __________________________

Cost of beginning WIP 91,000 56,300 77,500

Cost added during the month 858,060 363,805 562,650

Total Cost 949,060 420,105 640,150

Equivalent units of production

Cost per equivalent unit ??