Hubert Products Company of Wellington, New Zealand, produces a kiwi fruit drink. The units and equivalent units (in liters), as well as unit costs, for the Initial Mix Department are as follows:

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Equivalent units in beginning work in process Units started and completed Equivalent units in ending work in process Unit costs Required: 1. Compute the current period costs for: (a) Materials. (b) Conversion costs. Materials Conversion 6,000 1,200 40,000* 40,000 3,000 1,800 NZ$0.10 NZ$0.20 2. If the beginning work in process inventory was valued at NZ$12,600, what would be the cost of goods completed?