Explanations for each answer are appreciated.

Badgersize Company has the following information for its Forming Department for the month of August Work in Process Inventory, August 1: 20,000 units Direct materials: 100% complete $80,000 24,000 $ 104,000 48,000 56,000 conversion: 20% complete Balance in work in process, August 1 Units started during August Units completed and transferred in August Work in process (70% complete), August 31 Costs charged to Work in Process in August Direct materials Conversion costs Direct labor Overhead applied $ 148,000 $ 117,000 146,000 $263,000 Total conversion Assume materials are added at the start of processing Required: a. Calculate the equivalent units for the Forming Department for the month of August. b. Find the cost per equivalent unit of input resource. (Round your answers to 2 decimal places.) Direct Materials Conversion a. Equivalent units b.Cost per equivalent unit