Materials cost $13.41 per unit started and conversion costs $20.40 per equivalent unit. What is the cost per unit of goods both started and completed in May?

1. Units started and completed in May pick up all of their materials and all of their conversion in May. 2. Materials are $13.41 per unit and conversion is the full $20.40 per unit. 3. Cost per unit is $13.41 plus $20.40, which is $33.81. 4. $33.76 belongs to the group carried in from April, which brought part of its cost with it. 5. $19.53 is the cost of an unfinished unit at May 31, carrying only 30% of conversion. _Source: Jonick, Principles of Managerial Accounting (UNG Press, CC BY-SA 4.0), section 3.3 Process Costing Calculations for a Department in a Manufacturing Company_