Johnston Co$.$ uses a FIFO process costing system. At the beginning of April it had a WIP inventory of $600$ units that were $80\%$ complete for materials and $45\%$ complete for conversion costs. The cost of beginning April inventory was $$2300$ for materials and $ $$3800$ for conversion costs. During April $2000$ units were started. Ending April inventory consisted of $500$ units that were $70\%$ complete for materials and $30\%$ complete for conversion costs. The costs incurred during April were $$7600$ for materials and $$26,000$ for conversion.

Prepare a physical flow schedule.

What is the number of equivalent units for materials and conversion costs?

What is the cost per equivalent unit for materials and conversion costs?

What is the cost of goods transferred out?

What is the value of ending WIP inventory?