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The foliowing information about the work in process inventory pertains to the Remington Pant for...

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Accounting

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The foliowing information about the work in process inventory pertains to the Remington Pant for the month of huly (oll matedials are added at the beginning of the process) The Remington Plant stacted 235,000 units and transfeered out 219,000 in July Materials costs incurred in July were $784,000 and conversion costs were $469,000. Required: Compute the cost per equivolent unit for materials and comversion costs using the weighted-average method: Note: Round your answers to 2 decimal places

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