Munoz Ski Company manufactures snow skis. During the most recent accounting period, the companys finishing department transferred 4,150 sets of skis to finished goods. At the end of the accounting period, 440 sets of skis were estimated to be 30 percent complete. Total product costs for the finishing department amounted to $321,150. Required

1. Determine the cost per equivalent.

2. Determine the cost of the goods transferred out of the finishing department.

3. Determine the cost of the finishing departments ending work in process inventory.