Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction industry). The following information is for the production of these trusses for the month of February Work-in-process inventory, February 1 Direct materials: 100% complete Conversion: 20% complete Unite started during February Units completed during February and transferred out Work-in-process inventory, February 29 Direct materials: 100% complete Conversions 40% complete Costs incurred during February Direct materials Conversion Required: Using the FIFO method, calculate the following: 1-a. Costs per equivalent unit. (Round your answers to 4 decimal places.) 4,000 trusses $10,480 $ 15,250 18,000 trusses 17,000 trusses $ 59,040 $ 92,092 1-b. Cost of goods completed and transferred out. (Round your answer to 4 decimal places.) 1-c. Costs remaining in the Work-in-Process Inventory account. (Round your answer to 4 decimal places.) 2. Assume that you are the company's controller. The production department's February equivalent unit cost is higher than expected. If the manager of the first department asks you to do him a favdr by increasing the ending inventory completion percentage from 40 to 60% to lower the unit costs, how much would unit cost be affected by this request? (Round your answer to 4 decimal places.) 1-a. Cost per EU 1-b. Cost of goods completed and transferred out 1-c Costs remaining in the WIP Inventory account 2 The weighted-average cost per equivalent unit Direct Materials Conversion 3.2800 $ 5.0600 S 150,350 $ 26,520 by