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Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department Units: Beginning Inventory: 25,000 units,

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Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department Units: Beginning Inventory: 25,000 units, 100 % complete as to materials and 55% complete as to conversion. Units started and completed: 110,000. Units completed and transferred out: 135,000. Ending Inventory: 30,000 units. 100 % complete as to materials and 30 % complete as to conversion. Costs: Costs in beginning Work in Process Direct Materials: $43,000. Costs in beginning Work in Process- Conversion: $48,850. Costs incurred in February- Direct Materials: $287000. Costs incurred in February- Conversion: $599,150 Calculate the cost per equlvalent unit of materials

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