Problem 18.5A Calculate Cost per Equivalent Unit (LO18-2, LO18-3, L018-4) Badgersize Company has the following information for its Forming Department for the month of August. Work in Process Inventory, August 1: 20,000 units Direct materials: 100% complete $ 80,000 24,000 $ 104,000 47,000 58,000 conversion: 20% complete Balance in work in process, August 1 Units started during August Units completed and transferred in August work in process (70% complete), August 31 Costs charged to Work in Process in August Direct materials Conversion costs: Direct labor Overhead applied $ 136,000 $ 110,000 137,000 $ 247,000 Total conversion Assume materials are added at the start of processing Required: a. Calculate the equivalent units for the Forming Department for the month of August. b. Find the cost per equivalent unit of input resource. (Round your answers to 2 decimal places.) Problem 18.5A Calculate Cost per Equivalent Unit (LO18-2, LO18-3, L018-4) Badgersize Company has the following information for its Forming Department for the month of August. Work in Process Inventory, August 1: 20,000 units Direct materials: 100% complete $ 80,000 24,000 $ 104,000 47,000 58,000 conversion: 20% complete Balance in work in process, August 1 Units started during August Units completed and transferred in August work in process (70% complete), August 31 Costs charged to Work in Process in August Direct materials Conversion costs: Direct labor Overhead applied $ 136,000 $ 110,000 137,000 $ 247,000 Total conversion Assume materials are added at the start of processing Required: a. Calculate the equivalent units for the Forming Department for the month of August. b. Find the cost per equivalent unit of input resource. (Round your answers to 2 decimal places.)