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Billinstaff Industries uses the weighted-average m

Billinstaff Industries uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:MaterialsLaborOverhead Work in process, May 1$30,800 $50,625 $246,600 Cost added during May$186,690 $33,750 $164,400 Equivalent units of production2,600 2,500 2,400Required:1.Compute the cost per equivalent unit for materials, for labor, and for overhead. (Round your answers to 2 decimal places.) Materials Labor Overhead Cost per equivalent unit$ $ $2.Compute the total cost per equivalent whole unit. (Round your final answer to 2 decimal places.) Total cost per equivalent unit$

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