Unizat Corporation uses the weighted-average method in its process costing system. The
following information pertains to one of the company's processing departments for a
recent month: Number of units Materials Cost Beginning work in process 31,000 $23,500
Started during the month 82,000 $71,000 Units completed 84,500 Ending work in
process 28,500 All materials are added at the beginning of the process. What is the cost
per equivalent unit for materials?
$0.84
Please see the attached excel sheet for calculations