Chemtrex is an agricultural chemical producer. Process costing is used in its mixing department. At the beginning of July, Chemtrex had 700,000 gallons 70 percent complete in work-in-process. During July, it started another 4,000,000 gallons and produced 3,700,000 gallons. One million gallons of ending work-in-process were 60 percent complete at the end of July. Conversion costs are incurred uniformly over the mixing process. In July, conversion costs were $4,300,000 and material costs were $9,400,000. Material is added at the beginning of the process.

Required:

a. Calculate the number of equivalent units of conversion work performed during July.

b. Cost per equivalent unit.

c. Cost of ending inventory and finished goods.