Daosta Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first

processing department for a recent month.

Required:

Work in process, beginning:

Units in process $700$

Percent complete with respect to materials $50\%$

Percent complete with respect to conversion $30\%$

Costs in the beginning inventory:

Materials cost $ $520$

Conversion cost $ $2,102$

Units started into production during the month $14,000$

Units completed and transferred out $14,000$

Costs added to production during the month:

Materials cost $ $25,326$

Conversion cost $ $360,934$

Work in process, ending:

Units in process $700$

Percent complete with respect to materials $60\%$

Percent complete with respect to conversion $60\%$

Using the FIFO method:

a$.$ Determine the equivalent units of production for materials and conversion costs.

b$.$ Determine the cost per equivalent unit for materials and conversion costs.

c$.$ Determine the cost of ending work in process inventory.

d$.$ Determine the cost of units transferred out of the department during the month.

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Complete this question by entering your answers in the tabs below.

Determine the cost per equivalent unit for materials and conversion costs. $($Round your final answers to $2$ decimal places.$)$

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Determine the cost of ending work in process inventory.

Cost of ending WIP

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Determine the cost of units transferred out of the department during the month.