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I need help with this please Nikki Corporation uses the FIFO method in its process costing system. The following data are for the most recent

I need help with this please

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Nikki Corporation uses the FIFO method in its process costing system. The following data are for the most recent month of operation in one of the company's processing departments. Percentage of completion Units Material Conversion Units In beginning Inventory 400 800 404 Units started into production 3, 000 Units in ending inventory 300 709% 604% Units transferred to the next department 3, 100 The cost of beginning inventory according to the company's costing system was $11, 040 of which $8, 120 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $132, 730. The cost per equivalent for the month were $25.40 for materials and $18.20 for conversion. Required: 1. Compute the equivalent unit of material and conversion for the month in the beginning inventory. (2 marks) 2. Compute the number of units started and completed during the month, (2 marks) 3. Compute the equivalent unit for material and conversion in the ending inventory. (2 marks) 4. Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. (2 marks)

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