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 1,400 Percent complete with respect to materials 90% Percent complete with respect to conversion 10% Costs in the beginning inventory: Materials cost $ 1,910 Conversion cost $ 1,502 Units started into production during the month 24,600 Units completed and transferred out 24,700 Costs added to production during the month: Materials cost $ 71,821 Conversion cost $ 543,448 Work in process, ending: Units in process 1,300 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