The Blending Department of Luongo Company has the following cost and production data for the month of April.
| Costs: |
|
|
| Work in process, April 1 |
|
|
| Direct materials: 100% complete |
|
$110,000 |
| Conversion costs: 20% complete |
|
77,000 |
| Cost of work in process, April 1 |
|
$187,000 |
| Costs incurred during production in April |
|
|
| Direct materials |
|
$880,000 |
| Conversion costs |
|
401,500 |
| Costs incurred in April |
|
$1,281,500 |
Units transferred out totaled 18,700. Ending work in process was 1,100 units that are 100% complete as to materials and 40% complete as to conversion costs.
1) Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April.
2) Compute the unit costs for the month.