Jane industries manufactures plastic toys. the company uses the FIFO processing costing system. During October, Janes Fabrication department started work on 10,000 models. During the month, the company completed 11,000 models, and transferred them to the distribution department. The company ended the month with 1500 models in ending inventory. There were 2500 models in beginning inventory. All direct materials costs are added at the beginning of the production cycle and conversion costs are added uniformly throughout the production process.

Beginning work in process was 25% complete as to conversion costs, while ending work in process was 50% complete as to conversion cost.

Beginning Inventory: Direct Materials costs 19,200. Conversion costs 10,800

Manufacturing costs added during the accounting period: Direct Materials Cost 70,000. Conversion costs 240,000.

The FIFO method of process costing is used. CALCULATE the total equivalent units (please show the number of equivalent units started and completed currently) and the costs per equivalent units for direct materials and conversion costs, respectively for the month of october?

	Materials	Conversion
Total Equivalent Units
Cost per Equivalent Unit

Reconcile and assign the costs for both materials and conversion for only Started and Completed Currently

	Materials	Conversion
Started and Completed Currently