United Clinical Laboratories is a medical laboratory located in Minnesota, United Clinical Laboratories uses the weighted average method in its process costing system. For the month of August, the following data are available for one department: Percent Completed Units Materials Conversion Work in process, August 1 45,000 90% 55% Work in process, August 11 32,000 51% The department started 393,000 units into production during the month and transferred 406,000 completed units to the next department Required: Compute the equivalent units of production for August. Materials Conversion Equivalent units of production Precision Corporation is a manufacturer located in the northeast United States and uses a process costing system. Precision Corporation uses the weighted average method. Information for the Design Department for October follows Work in process, October 1 Cost added during October Equivalent units of production Materials Enbor Overhead $ 35,700 59,421 5 289,044 216,450 39.614 5 191696 3.000 2900 2.800 Required: Compute the cost per equivalent unit for materials, labor overhead and in total, (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit