Consider the following data related to production department for the month of May: 2001 559 30% Beg. WIP inventory: Units in process Completion with respect to materials Completion with respect to conversion Costin Beginning WIP Materials Cost Conversion Cost Total Cost in Beginning WIP $9.600 $5,575 $15,175 Units started into production during the period: 5.000 Units completed and transferred out 4.800 Costs added during the period: Materials Cost $368,600 Conversion Cost $350,900 Total Cost Added During the Period $719,500 400 Ending WIP inventory: Units in process Completion with respect to materials Completion with respect to conversion 40 25% Required: (Using Weighted average method) 1. Calculate number of equivalent units. 2. Calculate cost per equivalent unit in respect of material and conversion. 3. Calculate total cost of units at Beginning WIP, Completed and transferred out, and WIP Ending