Mazomanie Farm completed 25,000 units during the quarter and has 2,900 units still in process. The units are 100% complete with regard to materials and 60% complete with regard to conversion costs. What are the equivalent units for materials and conversion?

Equivalent Units of Materials
Equivalent Units of Conversion

Question 2

A company has 1,400 units in ending work in process that are 40% complete after transferring out 12,000 units. All materials are added at the beginning of the process. If the cost per unit is $4 for materials and $6 for conversion, what is the cost of units transferred out and in ending work in process inventory using the weighted-average method?

Cost of units transferred out	$
Ending work in process inventory	$