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Direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (50% for conversion) 28,400

Direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

WIP beginning (50% for conversion)

28,400 units

Units started

124,000 units

Units completed and transferred out

107,000 units

WIP ending (50% for conversion)

45,400 units

Beginning WIP direct materials

$53,200

Beginning WIP conversion costs

$19,600

Costs of materials added

$442,100

Costs of conversion added

$304,650

Required:

What are the total equivalent units for direct materials?

What are the total equivalent units for conversion costs?

What is the cost per equivalent unit for direct materials?

What is the cost per equivalent unit for conversion costs?

What is the total cost of units completed and transferred out?

What is the total cost of units remaining in ending WIP?

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