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Tavia Limited manufactures a plastic gasket that is used in automobile engines. The gaskels go through three processing departments Mixing. Forming, and Stamping. The company's

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Tavia Limited manufactures a plastic gasket that is used in automobile engines. The gaskels go through three processing departments Mixing. Forming, and Stamping. The company's accountant (who is very inexperienced) has prepared a summary of production and costs for the Forming Department for October, as follows: - Consists of cost transferred in, \$16.275; materials cost, $6.720; and conversion costs, $22.050, After mulling over the data above. Tavia's president commented, " can't understand what's happening here. Despite a concentrated effort at cost reduction, our unit cost actually went up in the forming Department last month. With that kind of performance, year-end bonuses are out of the question for the people in that department" The company uses the weighted-average method in its process costing. Required: After mulling over the data above. Tavia's president commented, "I can't understand what's happening here. Despite a concentrated effort at cost reduction, our unit cost actually went up in the forming Department last month. With that kind of performance, year-end bonuses are out of the question for the people in that department." The company uses the weighted-average method in its process costing. Required: 1. Calculate the following by preparing a report for the Forming Department for October, (Round Cost per equivalent unit onswers to 2 decimal ploces.)

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