The manager at Marilyn's Sewing Service reported $75,000 total conversion cost and 41,500 total conversion cost in equivalent units. Compute the conversion cost per equivalent unit.
The accounting manager at Sarah's Pet Toy Manufacturing uses the weighted-average method costing system. The accountant reported 85,000 units in beginning work in process and 32,000 equivalent units of work done in the current period. Compute the equivalent units completed and transferred out in the current period.