Bellevue Chemicals had beginning work-in-process inventory of $253,005 on March 1. Of this amount, $102,205 was the cost of direct materials and $150,800 was the cost of conversion. The 24,280 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, 58,420 units were transferred out and 15,400 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 $935,795 for direct materials and $1,045,581 for conversion.

Compute the equivalent units for the materials and conversion cost calculations.

Compute the cost per equivalent unit for direct materials and for conversion costs for March using the weighted-average method.

Compute the costs of goods transferred out and the ending inventory for March using the weighted-average method.

Compute the equivalent units for the materials and conversion cost calculations.

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