The WISCO Company uses a weighted-average process costing system. The following data are available:
- Beginning inventory -0-
- Units started in production 20,000
- Units finished during the period 16,000
- Units in process at the end of the period
- (complete as to materials, 25% complete as to labor and overhead 4,000
- Cost of materials used $35,200
- Labor and overhead costs $37,400
- Equivalent units of production for material?
- Equivalent units of production for labor and overhead?
- Unit cost of material?
- Cost of labor and overhead?
- Total cost of the 16,000 units finished?
- Total cost of the 4,000 units of the ending inventory?