Consists of cost transferred in, $8,950; materials cost, $3,500; and conversion cost, $19,400. "He's struggling to learn our system," replied Frank Harpo, the operations manager. "The problem is he's come up with for April. Doesn't that seem high to you?" said Ms. Scarpino."Yes, it does seem high; but on the other hand, I know we had an increase in materials prices during April, and that may be the explanation," replied Mr. Harrop. "I'll" get someone else to redo this report and then we may be able to see what's going on." "Provost Industries manufactures a ceramic product that goes through two processing departments-Molding and Finishing. Assume that the company used the FIFO method in its process costing system. Calculate the equivalent units of production and cost per equivalent unit. (Round your cost per equivalent unit answers to 2 decimal places.) How much cost should have been assigned to the ending work in process inventory? (Do not round your intermediate calculations.) How much cost should have been assigned to the units completed and transferred to finished goods? (Do not round your intermediate calculations.)