Chapter 6, Problem 6E

Foamy Inc. manufactures shaving cream and uses the weighted average cost method. In November, production is 14,800 equivalent units for materials and 13,300 units for labor and overhead. During the month, materials, labor, and overhead costs were as follows:

Beginning work in process for November had a cost of $11,360 for materials, $11,666 for labor, and $9,250 for overhead. Compute the following:

1. a. Weighted average cost per unit for materials
2. b. Weighted average cost per unit for labor
3. c. Weighted average cost per unit for overhead
4. d. Total unit cost for the month