Answer:
$0.46
Explanation:
The computation of the cost per equivalent unit of material is shown below:
Units completed 43,500
Add: Ending Work-in-Process 12,900
Equivalent units 56,400
Beginning Work-in-Process costs $7,500
Add: Started in April costs $18,400
Total costs $25,900
Divide by Equivalent units 56,400 units
Cost per equivalent unit of materials $0.46
We simply divide the total cost with the equivalent cost in order to find out the cost per equivalent unit of materials
