Department P had the following information regarding equivalent units of production, which were determined using first-in-first-out process costing method:

Equivalent Units of Production

	Units	Materials	Conversion
Completed and Transferred (28,000 units): Work-in-process at the beginning Started and competed this period Work-in-process at the end of the period	8,000 20,000 14,000	0 20,000 14,000	4,000 20,000 8,400
Quantity Accounted for	42,000	34,000	32,400

The cost information is as follows:

	Total Cost	Material Cost	Conversion Cost
Work-in-process beginning	$ 3,000,000	$ 2,000,000	$1,000,000
Cost Added	$18,000,000	$10,500,000	$7,500,000

Required:

1. What were the stages of completion of the work in process with respect to material and conversion cost at the beginning of this period? (Please show your computation)
2. What were the stages of completion of the work in process with respect to material and conversion cost at the end of this period? (Please show your computation).
3. Using the first-in-first-out process costing method, determine:(Please show your computations fully)

1. The cost of the 28,000 units completed and transferred; and
2. The cost of work-in-process ending inventory.

4. Assuming that the weighted average costing method had been used to compute the equivalent units of production by Department P, determine:

1. What the equivalent units of production would have been for materials and conversion cost (Please show all your computations completely) and
2. The cost per unit for materials and conversion.