Roderick Company’s beginning work in process inventory consisted of 7,500 units of product on January 1, 2014. During 2014, the company started 32,500 units of product and transferred 34,000 units to finished goods inventory. The ending work in process inventory was estimated to be 40 percent complete. Cost data for 2014 follow.
Product Costs
Beginning balance ........ $ 28,000
Added during period ....... 245,000
Total ............... $273,000

Required
Prepare a cost of production report showing the following.
a. The number of equivalent units of production.
b. The product cost per equivalent unit.
c. The total cost allocated between ending work in process inventory and finished goods inventory.