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TB Problem Qu. 4A-94 (Algo) Rauzman Corporation uses the FIFO method... Rauzman Corporation uses the FIFO method in its process costing. The following data

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TB Problem Qu. 4A-94 (Algo) Rauzman Corporation uses the FIFO method... Rauzman Corporation uses the FIFO method in its process costing. The following data concern the company's Mixing Department for the month of August. Work in process, August 1 Cost added to production in the Mixing Department during August Equivalent units of production for August Required: Materials $ 15,742 $193,473 Conversion $ 22,742 $ 173,880 5,810 5,400 Compute the cost per equivalent unit for materials and conversion for the Mixing Department for August using the FIFO method. (Round your final answers to 2 decimal places.) Materials Costs per equivalent unit Conversion

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