Holling Inc. uses the weighted-average method in its process costing. The following data concern the company’s Mixing Department for the month of December. Materials Conversion Work in process, December 1 $ 8,130 $ 9,128 Cost added to production in the Mixing Department during December $ 226,500 $ 284,232 Equivalent units of production for December 9,900 9,400 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)

                     Statement of Cost per equivalent unit

Particulars                                                 Materials        Conversion

Cost of beginning work in process           $8,130             $9,128

Add: Costs added during the month        $226,500        $284,232

Total cost A                                                 $234,630       $293,360

Number of equivalent units B                       9,900             9,400  

Cost per equivalent unit (A/B)                  $23.70           $31.21      

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