(FIFO cost per EUP) Zack’s Corp. makes a variety of snacks. The following information for August 2006 relates to a cashew and dried mango mix. Mate¬ rials are added at the beginning of processing; overhead is applied on a di¬ rect labor basis. The mix is transferred to a second department for packaging. Zack’s uses a FIFO process costing system.

Beginning inventory cost totaled $26,790. For August 2006, compute the fol¬ lowing:

a. Equivalent units of production by cost component.

b. Cost per equivalent unit by cost component.

c. Cost of mix transferred to the packaging department in August.

d. Cost of August’s ending inventory.

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Beginning WIP inventory (40% complete as to direct labor) Mix started in August Ending WIP inventory (80% complete as to labor) Material cost incurred in August Conversion cost incurred in August 5,000 pounds 80,400 pounds 4,000 pounds $388,332 $107,380