16. (8 points) Pharmaceutical Co. manufactures a single tablet medication for retail sale. For the current period the following information is given:

Beginning Work-in-process for 30,000 units:
Direct material: 100% completed	$ 71,000
Conversion: 30% completed	65,680
Units started this period	400,000
Ending Work in process for 20,000 units:
Direct material: 100% completed
Conversion: 60% completed
Cost incurred during this period:
Direct materials	$ 660,000
Conversion	$ 883,820

a. Calculate Pharmaceuticals physical flow of units, equivalent units, cost per equivalent unit and assign costs to Finished Goods and Ending Work-in-Process inventories using the Weighted Average method of process costing. Clearly indicate the costs assigned to inventory categories.

17. (12 points) (continued) Pharmaceutical Co. manufactures a single tablet medication for retail sale. For the current period the following information is given:

Beginning Work-in-process for 30,000 units:
Direct material: 100% completed	$ 71,000
Conversion: 30% completed	65,680
Units started this period	400,000
Ending Work in process for 20,000 units:
Direct material: 100% completed
Conversion: 60% completed
Cost incurred during this period:
Direct materials	$ 660,000
Conversion	$ 883,820

b. Calculate Pharmaceuticals physical flow of units, equivalent units, cost per equivalent unit and assign costs to Finished Goods and Ending Work-in-Process inventories using the FIFO method of process costing. Clearly indicate the costs assigned to inventory categories.