III/I 2 Yeager Ltd is a manufacturer ot ODM gear and uses the FIFO method of process costing. 160,000 units were started in this month. In the initial production department, conversion occurs uniformly and 'i 00% of direct material is added at the start ofthe process There were 201000 physical units with conversion at 30% completion in the opening inventory torthis month. There were 30,000 physical units with conversion at 25% completion in the closing inventory. The following table shows the opening inventory costs and cost incurred during the month: Conversion Direct Material Cost incurred in the 531020.000 $6,320,000 month Opening inventory 5120.000 $750000 96) Prepare the production report ot Yeager Ltd for the month (outlining the physical ow at units and equivalent units) and calculate the Oust per Equivalent Unit for DM and the Cost per Equivalent Unit for Conversion Note: Please calculate to 2 decimal places. '36 completion 0 M Conversiori Opening Units Units Started Units Finished Ending Units