Bellevue Chemicals had beginning work-in-process inventory of $248,625 on March 1. Of this amount, $102,195 was the cost of direct materials and $146,430 was the cost of conversion. The 24,180 units in the beginning inventory were 45 percent complete with respect to direct materials and 65 percent complete with respect to conversion costs.

During March, 58,270 units were transferred out and 14,900 remained in ending inventory. The units in ending inventory were 70 percent complete with respect to direct materials and 15 percent complete with respect to conversion costs. Costs incurred during March amounted to $893,955 for direct materials and $1,015,266 for conversion.

Required:

A. Compute the equivalent units for the materials and conversion cost calculation

B. Compute the cost per equivalent unit for direct materials and for conversion costs for March using the FIFO method