Question Suburbia Company manufactures a product through a continuous single-step process. All materials are added at the beginning of processing. Production and cost data for the company for February 2016 are as follows: Production data: In process, beginning of month (20% converted) Started during February Completed and transferred to finished goods In process, end of month (60% converted) 1,000 units 5,000 units 4,500 units 1,500 units Work in process, heginning (Materials S3,000; Conersion S21,360 S45,000 S102,960 S51,480 Costs: S18,360) Materials Direct labor cost Applied Factory overhcad cost Required Calculate the Following using the weighted average method: Equivalent Units of Production for Direct materials (Do not enter commas in answer for example 5,000 should be entered as 5000) Equivalent Units of Production for Conversion Costs (Do not enter commas in answer for example 5,000 should be entered as 5000) Cost per Equivalent Unit Direct MaterialsS Round to 2 decimal places) Cost per Equivalent Unit Conversion Costs S Round to 2 decimal places) Total value of units transferred out (Round to the nearest whole dollar and do not enter dollar signs or commas in answer for example S5,000 should be entered as 5000) Total value of Ending Inventory (Round to the nearest whole dolar and do not enter dollar signs or commas in answer for example S5,000 should be entered as 5000)