Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December. Materials Conversion Work in process, December 1 $ 8,930 Cost added to production in the Mixing Department during December Equivalent units of production for December $ 227,300 10,700 $ 9,928 $285,032 10,200 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. Note: Round your answers to 2 decimal places. Materials Conversion Cost per equivalent unit

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Chapter1: Financial Statements And Business Decisions
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Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing
Department for the month of December.
Work in process, December 1
Materials
$ 8,930
Cost added to production in the Mixing Department during December
Equivalent units of production for December
$ 227,300
10,700
Conversion
$ 9,928
$ 285,032
10,200
Required:
Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December.
Note: Round your answers to 2 decimal places.
Materials
Conversion
Cost per equivalent unit
Transcribed Image Text:Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December. Work in process, December 1 Materials $ 8,930 Cost added to production in the Mixing Department during December Equivalent units of production for December $ 227,300 10,700 Conversion $ 9,928 $ 285,032 10,200 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. Note: Round your answers to 2 decimal places. Materials Conversion Cost per equivalent unit
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