Miller Outdoor Equipment (MOE) makes four models of tents. The model names are Rookie, Novice, Hiker, and Expert. MOE manufactures the tents in two departments: Stitching and Customizing. All four models are processed initially in Stitching where all material is assembled and sewn into a basic tent. The Rookie model is then transferred to finished goods. After processing in Stitching, the other three models are transferred to Customizing for additional add-ons, and then transferred to finished goods.

There were no beginning work-in-process inventories on August 1. Data for August are shown in the following table. Ending work in process is 55 percent complete in Stitching and 25 percent complete in Customizing. Conversion costs are allocated based on the number of equivalent units processed in each department.

Units started:

Rookie - 760

Novice - 510

Hiker - 480

Expert - 150

Units completed in Stitching:

Rookie - 680

Novice - 460

Hiker - 430

Expert - 120

Units completed in Customizing

Rookie - 0

Novice - 430

Hiker - 415

Expert - 100

Materials Total: $69,260

Rookie - $26,600

Novice - $19,890

Hiker - $16,320

Expert - $6,450

Conversion Costs:

Stitching - $57,260

Customizing - $28,000

Total Conversion Costs - $85,260

Required:

a.What is the unit cost of each model transferred to finished goods in August?

b.What is the balance of the Work-in-Process Inventory on August 31 for Stitching? For Customizing?