Old Victrola, Inc., produces top-quality stereos and uses process costing. The manufacture of stereos is such that direct materials, labor, and overhead are all added evenly throughout the production process. Due to the smooth production process, only one cost category-manufacturing costs-is used for equivalent unit calculations. Old Victrola had the following cost and production information available for the months of March and April: March April Direct materials costs $ 978,460 $ 1,168,310 Direct labor costs 2,562,260 3,041,940 Manufacturing overhead applied 3,438,640 3,571,030 Total manufacturing costs $ 6,979,360 $ 7,781,280 Units in beginning work in process 7,000 4,800 Units transferred to finished goods 18,500 23,000 Units in ending work in process 4,800 6,400 Beginning work in process was 30 percent complete in March and 60 percent complete in April. Ending work in process was 60 percent complete in March and 35 percent complete in April.
a. For each of the two months, calculate the equivalent units of production. Equivalent units March April b-1 For each of the two months, calculate the total manufacturing costs per unit. (Omit the "tiny_mce_markerquot; sign in your response.) Manufacturing cost per unit March $ April $