Imagine a bicycle factory, whose accounting period ends on the last day of the month. During the month, 1,000 completed bicycles were made. There are 200 partially complete bicycles on the last day of the month. However, all the materials are there in the factory, they just haven't been put together yet! The factory supervisor estimates that they are, on average, half complete. How many equivalent units are there in terms of: a) Direct Material costs b) Conversion costs Cygnet Sawmill manufactures two timber products from a joint milling process. The two products are mine support braces (MSB) and lengths of unseasoned commercial building timber (CBT). A standard production run incurs joint costs of $750 000 and results in 60,000 units of MS8 and 90,000 lengths of CBT. Each MSB sells for $5, and each length of CBT sells for $10. Requirement 1 only: Calculate the amount of joint cost allocated to the CBT on a physical units basis