Daosta Inc. uses the weighted average method in its process costing system. The following data concern

the operations of the company's first processing department for a recent month.

Work in process, beginning:

Units in process 900

Percent complete with respect to materials 40 %

Percent complete with respect to conversion costs 20 %

Costs in the beginning inventory:

Materials cost $ 530

Conversion cost $ 2108

Units started into production during the month 16,000

Units completed and transferred out 16,000

Costs added to production during the month:

Materials cost $ 32,180

Conversion cost $ 416,512

Work in process, ending:

Units in process 900

Percent complete with respect to materials 50 %

Percent complete with respect to conversion costs 70 %

Required:

Using the Weighted Average Method:

Equivalent Units of Production for Direct materials

Equivalent Units of Production for Conversion Costs

Cost per Equivalent Unit Direct Materials (Round to 4 decimal places)

Cost per Equivalent Unit Conversion Costs (Round to 4 decimal places)

Total value of Ending Work in Process

Total value of units transferred out