Easy Inc. uses the FIFO method in its process costing system. The following data concern the operations of the companys first processing department for a recent month. Work in process, beginning: Units in process 750 Percent complete with respect to materials 90 % Percent complete with respect to conversion 10 % Costs in the beginning inventory: Materials cost $ 1,806 Conversion cost $ 1,398 Units started into production during the month 23,300 Units completed and transferred out 23,400 Costs added to production during the month: Materials cost $ 71,171 Conversion cost $ 542,798 Work in process, ending: Units in process 650 Percent complete with respect to materials 70 % Percent complete with respect to conversion 70 %

Required: Using the FIFO method:

a. Determine the equivalent units of production for materials and conversion costs.

b. Determine the cost per equivalent unit for materials and conversion costs.

c. Determine the cost of ending work in process inventory.

d. Determine the cost of units transferred out of the department during the month.