申論題

FootLove Corporation manufactures quality walking shoes and uses a weighted average process costing system. All direct materials are introduced at the start of the process, and conversion cost is incurred evenly throughout manufacturing.

 An examination of the company's Work-in-Process account for September revealed the following selected information:

 Debit side–

 September 1 balance: 2,100 units, 40% complete. Direct material cost of $105,000 and direct manufacturing labor cost of $20,440.

 Production started: 6,300 units

 Direct materials used during August: $3 15,000

 Credit side–

 Production completed: 4,900 units

 Costs of transferred-out unit: $392,000

 Conversations with manufacturing personneI revealed that the ending work in process was 80% complete. Accounting personnel cannot disclose the informnation of conversion costs added in September, but manufacturing overhead is applied by 150% of direct manufacturing labor costs. 

Required: (Round cost per equivalent unit to the nearest hundredth)