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Materials are added at the beginning of the production process at Campo Company. The following...

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Accounting

Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow of units is available for the month of November:

Beginning work in process (50% complete) 60,000
Started in November 570,000
Completed in November and transferred out 520,000
Ending work in process (60% complete) 110,000

Cost data for November show the following:

Beginning WIP inventory
Direct materials costs $ 32,300
Conversion costs 42,700
Current period costs
Direct materials costs $ 330,950
Conversion costs 1,269,550

Required:

a. Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted-average method.

b. Compute the cost per equivalent unit for materials and conversion costs for November. (Round your answers to 2 decimal places.)

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