Sterling Company had 300 units of product in its work in process inventory at the beginning of the period and started 2,100 additional units during the period. At the end of the period, 760 units were in work in process inventory. The ending work in process inventory was estimated to be 60 percent complete. The cost of work in process inventory at the beginning of the period was $6,560, and $26,976 of product costs was added during the period.

Required:

a.

Calculate the number of equivalent units of production.

Equivalent units

b.	Calculate the product cost per equivalent unit.

Cost per equivalent unit

c.

Calculate the total cost allocated between the ending Work in Process Inventory and Finished Goods Inventory accounts. (Round intermediate calculations to 2 decimal places and final answers to whole dollar amount.)

Cost Allocation
To finished goods
Ending work-in-progress
Total allocated cost