15. If the costs for direct labour, factory overhead and direct material were $873,600, $109,200 and $53,200 respectively for 28,000 equivalent units of production, the conversion cost per equivalent unit was $11.60. Chapter 04 - Process Costing 15. If the costs for direct labour, factory overhead and direct material were $873,600, $109.200 and $53,200 respectively for 28.000 equivalent units of production, the conversion cost per equivalent unit was $11.60. 16. If the costs for direct labour, factory overhead and direct material were $873,600, $109,200 and $53,200 respectively for 28,000 equivalent units of production, the conversion cost per equivalent unit was $35.10. 20. Equivalent units of production in a department for a period will be equal to the number of equivalent units in ending work in process inventory. 24. If a business wishes to track the costs of completing units in beginning work in process, the first-in-first-out (FIFO) method should be used