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The following information about the work-in-process inventory pertains to the Remington Plant for the month...

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Accounting

The following information about the work-in-process inventory pertains to the Remington Plant for the month of July (all materials are
added at the beginning of the process):
Beginning work in process (32,000 units):
Percentage complete with respect to
Costs
Ending work in process (48,000 units):
Percentage complete with respect to
Costs
The Remington Plant started 222,000 units and transferred out 206,000 in July. Materials costs incurred in July were $654,000 and
conversion costs were $1,039,000.
Required:
Compute the cost per equivalent unit for materials and conversion costs using the weighted-average method.
Note: Round your answers to 2 decimal places.
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