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Hello, I need to do the steps a,b,c, and i dont know how to do it. I would appreciate if you had the answer. Accounting

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Hello, I need to do the steps a,b,c, and i dont know how to do it. I would appreciate if you had the answer. Accounting exercise - Process Costing

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Brief exercises on process costing to. During February 2020, 2,000 units of the XYZ product were completed and on February 29, there were 600 units in process. The units in process had 75% of the raw material and 40% of the conversion costs. Determine the equivalent production for the month of February. b. Assume that the equivalent production in February 2020 for the ABC product was 4,000 units with respect to raw material and 2,800 units with respect to conversion costs. On February 1, the units in process had raw materials at a cost of S 36,000 and conversion costs at a cost of$ 64,000 (total $100,000). During February materials were added at a cost of 3 94,000 and the conversion costs added in February amounted to S 69,000 {S 165,000 in total). Determine the average cost per equivalent complete unit. c. Below are steps 2, 3, and 4 of a monthly cost report. Introduce step 5. STEP 2 EQUIVALENT UNITS COMPLETED AN D TRANSFERRED EN DING WORK IN PROCESS EQU NALE NT UN ITS STEP 3 COSTS TO ACCOUNT FOR BEGINNING WORK IN PROCESS NEW COSTS ADDED DURING PERIC TOTAL $ 104400 STEP 4 AVERAGE UNIT COST DIRECT MATERIALS CONVERSION COST TOTAL 3 10.46 m 25,000 15,000 40000 m as 22,000 81 600 $ 2.61 7.85 cow, 25,000 6 000 31 000 m as 46,510 196690 $ 243200 TOTAL $ 69,310 278 290 3 347,600

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