3. Pearl Glaze adds direct materials at the beginning of its production process and adds conversion costs uniformly throughout the process. Units in beginning inventory Units started during the period Units partially completed in prior period Percentage of completion of ending work in process inventory Percentage of completion of beginning inventory in prior period 3,000 17,000 2.500 100% for direct materials; 70% for conversion costs 100% for direct materials; 40% for conversion costs a) Given the following information from Pearl's records for July and using Steps 1 and 2 of the FIFO costing method, compute the equivalent units of production: b) Using the information given above and the data that follow, compute the total cost per equivalent unit. Beginning Work in Process Costs for the Period Direct materials $7,600 $20,400 Conversion costs 2,545 32,490 c) Using the data provided above, assign costs to the units transferred out and to the units in ending inventory for July