PepsiCo uses process costing to manufacture beverages. The following data pertains to the mixing department:

Beginning Work in Process (WIP)	Units Started	Units Completed	Ending WIP	Costs Incurred During the Period
10,000 units	50,000 units	45,000 units	15,000 units	$300,000

The beginning WIP costs were $50,000. The ending WIP is 60% complete.

Requirements:

1. Calculate the equivalent units of production for materials and conversion costs.
2. Determine the cost per equivalent unit for materials and conversion costs.
3. Compute the cost of units completed and transferred out.
4. Compute the cost of ending WIP.