Tecumseh Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows:

	Quantity Schedule
Units to be accounted for:
Work in process, May 1 (60% materials, 75% conversion cost added last month)		22,500
Started into production		187,500
Total units		210,000

Costs in the beginning work-in-process inventory of the first processing department were materials, $4,500; and conversion cost, $15,700. Costs added during the month were materials, $66,000; and conversion cost, $389,710.

Required: 1. Assume that the company uses the weighted average cost method of accounting for units and costs. Determine the equivalent units for the month for the first process.

	Quantity Schedule	Equivalent Units (EU)
		Materials	Conversion
Units accounted for as follows:
Transferred to the next process	199,500
Work in process, May 31 (all materials, 60% conversion cost added this month)	10,500
Total units and equivalent units of production	210,000	0	0

2. Compute the costs per equivalent unit for the month for the first process. (Note: Round your answers to 3 decimal places.)

	Materials	Conversion	Whole Unit
Cost per equivalent unit