Tavia Limited manufactures a plastic gasket that is used in automobile engines. The gaskets go through three processing departments: Mixing, Forming, and Stamping. The companys accountant (who is very inexperienced) has prepared a summary of production and costs for the Forming Department for October, as follows:

Work in process inventory, October 1 (8,000 units; materials 100% complete; conversion 7/8 complete)	$	22,420	*
Costs transferred in from the Mixing Department		81,480
Material added during October (added when processing is 50% complete in the Forming Department)		27,600
Conversion costs added during October		96,900
Total departmental costs	$	228,400
Forming Department costs assigned to:
Units completed and transferred to the Stamping Department (100,000 units at $2.284 each)	$	228,400
Work in process inventory, October 31 (5,000 units, conversion 2/5 complete)		0
Total departmental costs assigned	$	228,400

*Consists of cost transferred in, $8,820; materials cost, $3,400; and conversion costs, $10,200.

After mulling over the data above, Tavias president commented, I cant understand whats 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 answers to 2 decimal places.)

Transferred In Materials Conversion Total Equivalent units of production Cost per equivalent unit Cost of ending work in process inventory Cost of units completed and transferred out $ 31,000