Emerson, Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department, Mixing, for a recent month. Work-in-process, beginning: Units in process 500 Percent complete with respect to materials 70% Percent complete with respect to conversion Costs in the beginning inventory: Materials cost 30% 2,240 Conversion cost 4,365 Units started into production during the month Units completed and transferred out Costs added to production during the month: 16,000 16,000 $ 98,580 Materials cost Conversion cost $468,930 Work-in-process, ending: Units in process 500 Percent complete with respect to materials 50% Percent complete with respect to conversion 20% 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