Billinstaff Industries uses the weighted-average method in its process costing system. Data for… 1 answer below »

Billinstaff Industries uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:
MaterialsLaborOverhead Work in process, May 1$30,800 $50,625 $246,600 Cost added during May$186,690 $33,750 $164,400 Equivalent units of production2,600 2,500 2,400
Required:1.

Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.)
Materials Labor Overhead Cost per equivalent unit$ $ $
2.

Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places.)
Total cost per equivalent unit$