Direct Materials Conversion Costs $ 3.25 Cost per equivalent unit: $ 4.10 Talbot Industries produces its product using a single production process. For Requirements the month of October, Talbot Industries determined its cost per equivalent unit 1. Determine the total cost that should be assigned to the following: to be as follows: a. Units completed and transferred out 6 (Click the icon to view the costs per equivalent unit.) b. Units in ending work in process inventory During the month, Talbot completed and transferred out 410,000 units to 2. What was the total costs accounted for? finished goods inventory. At month-end, 86,000 partially complete units 3. What was Talbot's average cost of making one unit of its product? remained in ending work in process inventory. These partially completed units were equal to 84,000 equivalent units of direct materials and 66,000 equivalent units of conversion costs. Talbot Industries Assignment of Costs Assign costs: Direct Materials Conversion Costs Total a. Completed and transferred out Requirement 1b. Determine the costs that should be assigned to the units in ending work in process inventory For each category of costs, enter the number of units in ending work in process inventory in the first answer box, then enter the applicable cost amount, and finally calculate the total cost. Talbot Industries Assignment of Costs Assign costs: Direct Materials Conversion Costs Total Units Cost Units Cost b. Ending work in process inventory: Direct materials Conversion costs Total cost of ending work in process inventory Requirement 2. What was the total costs accounted for? (Round your answer to the nearest dollar.) The total costs accounted for are $| Requirement 3. What was Talbot's average cost of making one unit of its product? (Round your answer to the nearest cent.) Talbot's cost of making one unit is $