Problem A The following data refer to a production center of Sipp-Fizz, a soft drink bottler: Work in process inventory, August 1, 4,000 units (units equal 12-bottle cases): Direct materials $12,000 Direct labor 6,120 Manufacturing overhead applied 8,000 $26,120 Units started in August 12,000 Costs incurred in August: Direct materials $36,000 Direct labor 48,000 Manufacturing overhead applied 60,000 The beginning inventory was 100 per cent complete for materials and 50 per cent complete for conversion costs. The ending inventory on August 31 consisted of 6,000 units (100 per cent complete for materials, 70 per cent complete for conversion costs). Compute the following: a. Number of units completed and transferred to finished goods inventory. b. The equivalent units of production for materials and conversion costs using the average cost method. c. Cost per equivalent unit for materials and conversion costs. d. Cost of units completed and transferred. e. Cost of ending inventory.