Gupta Inc. uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December. 
Required:
Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December.
Definitions:
Slow Flow Rate
A term often used in medical contexts to describe the deliberate reduction in the speed at which fluids or medications are administered intravenously.
Volume Control Device
A medical device used to precisely control the volume of fluid delivered to a patient, often used in intravenous therapy.
Agency Policy
Official guidelines or rules established by an organization or government to dictate conduct or procedures.
Medicated IV
The administration of therapeutic drugs directly into the bloodstream through an intravenous line for immediate effect.
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