Reference no: EM132655815

The Lakeside Company uses a weighted-average process costing system. The following data are available:

Beginning inventory                                         -0-
Units started in production                            22,600
Units finished during the period                      17,200
Units in process at the end of the period
(complete as to materials,
X complete as to labor and overhead)             5,400
Cost of materials used                               $51,120
Labor and overhead costs                          $39,165

Problem 1: Cost per equivalent unit of labor and overhead is