Given below are the production data for Department #1 for the first month of operation:

Costs charged to Department #1:

Materials $15,000

Labor 2,600

Overhead 17,000

During this first month of operations, 3,000 units were started into production; 2,500 units were transferred out to Department #2; and the remaining 500 units are 100% complete with respect to materials and 60% complete with respect to conversion costs.

Instructions

Compute the following:

(a) Unit materials cost.

(b) Equivalent units of conversion costs.

(c) Unit conversion cost.

(d) Total cost of 500 units in process at end of month.

(e) Total cost of 2,500 units transferred out to Department # 2.