Dickerson Company uses a process costing system. The following information relates to one month's activity in the company's Mixing Department. Conversion Percent Units Beginning work-in-process inventory 10,000 Complete 20% Units started 21,000 Units completed and transferred out 26,000 Ending work-in-process inventory 5,000 80% The conversion cost of the beginning inventory was $6,500. During the month, $112,000 in additional conversion cost was incurred. Required: a. Assume that the company uses the FIFO method. Compute: 1. The equivalent units of production for conversion for the month. 2. The cost per equivalent unit for conversion for the month. 3. The total cost transferred out during the month. 4. The cost assigned to the ending work-in-process inventory. b. Assume that the company uses the weighted-average cost method. Compute: 1. The equivalent units of production for conversion for the month. 2. The cost per equivalent unit for conversion for the month. 3. The total cost transferred out during the month. 4. The cost assigned to the ending work-in-process inventory.