brite ideas, inc. mass- produces reading lamps. materials used in wiring thr lamps are added

Badgersize Company has the following information for its Forming Department for the mont Work in Process Inventory, August 1: 20,e00 units Direct materials: 100% complete Conversion: 20% complete Balance in work in process, August 1 Units started during August Units completed and transferred in August Work in process (70% complete), August 31 Costs charged to Work in Process in August Direct materials Conversion costs: $ 80,e00 24,000 $ 104,000 53,e00 60,e00 $ 158,00e Direct labor $ 117,0ee 150,000 $ 267,000 Overhead applied Total conversion Assume materials are added at the start of processing. Required: a. Calculate the equivalent units for the Forming Department for the month of August b. Find the cost per equivalent unit of input resource. (Round your answers to 2 decimal places.)