The debits to Work in Process—Assembly Department for May, together with data concerning production, are as follows:

May 1, work in process:

Materials cost, 3,000 units $ 8,000

Conversion costs, 3,000 units, 66.7% completed 6,000

Materials added during May, 10,000 units 30,000

Conversion costs during May 31,000

Goods finished during May, 11,500 units 0

May 31 work in process, 1,500 units, 50% completed 0

1. All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The materials cost per equivalent unit for May is

a. $2.92

b. $3.00

c. $2.31

d. $3.80

2. The following production data were taken from the records of the Finishing Department for June:

Inventory in process, June 1 (30% completed) 4,000 units

Completed units during June 65,000 units

Ending inventory (60% complete) 7,000 units

What is the number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is used to cost inventories?

a. 66,200 units

b. 70,400 units

c. 4,200 units

d. 68,000 units