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What is the total cost per equivalent unit for phase one

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Question - Zerorez Corporation has a three phase manufacturing process to make its bestselling product. The company uses a weighted average process costing model to track product cost. The following partial data was obtained from Phase 1 of the August production process:

Cost of units completed and transferred to Phase 2:

Materials = $275,000

Labor = $134,400

Overhead = $201,600

Number of units completed and transferred to Phase 2 = 20,000

What is the total cost per equivalent unit for Phase 1 of the production process during August?

Reference no: EM133143346

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