Easy Incorporated 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 1,450 Percent complete with respect to materials 90% Percent complete with respect to conversion 10% Costs in the beginning inventory: Materials cost $ 1,918 Conversion cost $ 1,510 Units started into production during the month 24,700 Units completed and transferred out 24,800 Costs added to production during the month: Materials cost $ 71,871 Conversion cost $ 543,498 Work in process, ending: Units in process 1,350 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.

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

b. Determine the cost per equivalent unit for materials and conversion costs. (Round your answers to 2 decimal places.)

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

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

(Round "Cost per equivalent unit" to 2 decimal places. Round your final answer to the nearest whole number.)