Lafollette Inc. uses the weighted-average method in its process costing. The following data concern the company's Assembly Department for the month of November. 
Required:
Compute the costs per equivalent unit for the Assembly Department for November.
Definitions:
Absolute Advantage
The ability of an entity to produce more of a good or service than competitors using the same amount of resources.
Opportunity Cost
The cost of foregone alternatives when a choice is made, represented by the benefits that could have been received by choosing the next best alternative.
Soybeans
Refers to a type of legume native to East Asia, widely grown for its edible bean which has numerous uses.
Comparative Advantage
The ability of a country or individual to produce a particular good or service at a lower opportunity cost than others.
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