Operations Costing #1 2 60 points 014013 sipped 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 40 percent complete in Stitching and 60 percent complete in Customizing. Conversion costs are allocated based on the number of equivalent units processed in each department. Units started Units completed in Stitching Units completed in Customizing Total Rookie Novice Hiker Expert 640 560 430 288 565 500 405 225 470 380 205 Materials $60,610 $19,200 $11,760 $16,770 $12,888 Conversion costs: Stitching $52,260 Customizing 32,000 Total conversion costs. 584,260 References 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? Complete this question by entering your answers in the tabs below. Required A Required B What is the unit cost of each model transferred to finished goods in August? (Round intermediate calculations to nearest whole number.) Product Unit Cost Rookie Novice Hiker Expert Hepared A Required B