1. Alpha Company uses a process cost system.During 2017, Alpha had no beginning work in process inventory.During 2017, Alpha started 700 units. Alpha had 200 units in work in process at the end of 2017.These units were 50% complete with respect to materials. Use this information to determine the equivalent units for direct materials. (Round & enter final answers to nearest whole number of units)

1. Alpha Company had the following information for FY 2017:

Work in Process - 1/1/17

100,000 units

Units Started into Production

575,000 units

Work in Process - 12/31/17

75,000 units

Direct Material put into Production

$575,000

Conversions Costs put into Production

$843,750

The beginning work in process was 100% complete as to direct materials and 75% complete as to conversion costs.

The ending work in process was 100% complete as to direct materials and 50% complete as to conversion costs.

The beginning work in process consisted of:

Direct Material

$100,000

Conversion Costs

$112,500

Alpha Company uses the weighted-average method. Use this information to determine for FY 2017: (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

1.theequivalent units of production for direct materials

2.thecost per equivalent unit for materials

3.theequivalent units of production for conversion

4.thecost per equivalent unit for conversion

5.thecost that should be assigned to Alpha' work in process inventory at the end of FY 2017