Texas Company manufactures a product through a process where all manufacturing costs are added uniformly. Information for October beginning work-in-process follows:

Units (35 percent complete)

10,000

Direct materials

$6,000

Direct labor

$7,000

Overhead

$5,000

Costs incurred during October:

Direct materials

$25,000

Direct labor

60,000

Overhead (applied)

15,125

During October, 50,000 units were completed. Also, 5,000 units that were 50 percent complete remained in process at the end of the day on October 31.

Required

Calculate the equivalent units in process and the total cost per equivalent unit using the weighted average method.

your answer:

	% completed	units	equivalent units	total cost	cost per equivalent unit