City University uses a process cost system to accumulate costs incurred in handling student applications in the admissions department. When an application is completed, it is forwarded to the appropriate academic department for final processing. The following processing and cost data pertain to March. Applications in process on March 1 Applications started in March Completed applications during March 250 1,100 950 Applications still in process at March 31 were 100% complete as to materials (forms) and 75% complete as to conversion costs. Beginning WIP: Direct materials Conversion costs $ 2.125 9,450 March costs: Direct materials Direct labor Overhead S 8,000 43,000 10,050 Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Conversion costs are incurred uniformly during the process. Instructions 1. Determine the number of applications in process at the end of March. 2. Determine the equivalent units of service (production) for materials and conversion costs. 3. Compute the unit costs. 4. Compute the costs assigned to applications completed during March. 5. Compute the costs assigned to applications still in process at the end of March