5 Check my work Daosta Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. 14 Work in process, beginning: points Units in process 500 Percent complete with respect to materials 40% 01:26:07 Percent complete with respect to conversion 20% Costs in the beginning inventory: Materials cost 545 Conversion cost 2, 117 Units started into production during the month 19, 000 Units completed and transferred out 19, 000 Costs added to production during the month: Materials cost $ 41, 910 Conversion cost $495, 985 Work in process, ending: Units in process 500 Percent complete with respect to materials 50% Percent complete with respect to conversion 50% Required: Using the FIFO method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of ending work in process inventory. d. Determine the cost of units transferred out of the department during the month. Complete this question by entering your answers in the tabs below. Req c Req d Req a Req b Determine the equivalent units of production for materials and conversion costs. Equivalent Units of Production 5 of 5 Next Next 5 of 5 Next 5 of 5 5 of 5 Mc