Q31 Montreal Manufacturing Inc. has the following cost and production data for the month of April. The beginning inventory was 60% complete for conversion costs. The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process. Costs pertaining to the month of April are as follows: Beginning inventory costs are: Materials $63,300 Beginning WIP 16,800 units Direct labour 18,400 Factory overhead 13,500 Started in production 103,600 Costs incurred during April include: Completed production 92,600 Materials $574,980 Direct labour 194,500 Ending WIP 27,800 Factory overhead 376,704 Calculate the equivalent units of production for materials and conversion costs for the month of April using the first-in, first-out (FIFO) method. Materials Conversion costs Total equivalent units 103600 93640 Calculate the unit costs for the month Unit costs Materials 5.55 Conversion costs 6.1 Total 11.65 Determine the costs to be assigned to the units transferred out and in ending work in process