Answer:
$0.43
Explanation:
                                   Equivalent Units 
                                                                                          Labor
                                                                        % Completion       Units
Units Completed and Transferred out                100%             109,500
Ending Work in Process                                       25%               <u>11,800   </u>
Total Equivalent units                                                                 <u>121,300  </u>
<u />
Particulars                                         Amount
Beginning work in Process               10,700
Cost Added during May                    <u>42,000</u>
Total cost added during the year   <u>$52,700</u>
<u />
Cost per Equivalent unit = Total cost added during the year / Total Equivalent units
Cost per Equivalent unit = $52,700 / 121,300 units
Cost per Equivalent unit = 0.43446002
Cost per Equivalent unit = $0.43