Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. The total materials costs transferred out of the Canning Department equals: Direct Materials 50,000 Equivalent Units of Production Units Completed and transferred out Units in Ending Work in Process: Direct Materials (15,000 * 100%) Conversion (15,000 * 80%) Equivalent Units of Production Conversion 50,000 15,000 65,000 12, 090 62,000 Cost per Equivalent Unit Costs of beginning work in process Costs incurred this period Total costs Cost per equivalent unit $ 40,500 136,000 $176,500 $ 2.71 per EUP $ 59, 700 183, 100 $242,800 $ 3.92 per EUP $176,150 $135,500 $136,000 $176,500