Jarvene Corporation uses the FIFO method in its process costing system.

Jarvene Corporation uses the FIFO method In Its process costlng system. The tollowlng data are tor the most recent month ot operatlons In one ot the company's processing departments: Units in beginning inventory Units started into production Units in ending inventory Units transferred to the next department Percentage completion of beginning inventory Percentage conpletion of ending inventory 420 4,310 4,410 Materials Conve r s ion The cost ot beglnnlng Inventory according to the company's costlng system was $7,817 ot wtnlctn $4,827 was for materlals and the remainder was for conversion cost The costs added during the month amounted to $179,962 The costs per equivalent unlt tor the month were: Cost per equivalent unit Requlred: Materials S 18.ea Conversio S 23.00 1. Compute the total cost per equlvalent unit tor the month. 2. Compute the equlvalent units ot material and converslon In the ending Inventory. 3. Compute the equivalent unlts ot materlal and conversion that were requlred to complete the beglnnlng Inventory. 4. Compute the number ot unlts started and completed during the month. S. Compute the cost ot endlng work In process Inventory tor materlals, conversion, and In total for the month. 6. Compute the cost ot the units transferred to the next department for materials, conversion, and In total for the montm