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) 1,000 units

Started during February 5,000 units

Completed and transferred to finished goods 4,500 units

In process, end of month (60% converted) 1,500 units

Manufacturing costs:

Work in process, beginning $14,730

Materials $45,000

Conversion Costs added during period $154,440

Required:

Using the FIFO method:

Equivalent Units of Production for Direct materials

Equivalent Units of Production for Conversion Costs

Cost per Equivalent Unit Direct Materials (Round to 4 decimal places)

Cost per Equivalent Unit Conversion Costs (Round to 4 decimal places)

Total value of Ending Work in Process

Total value of units transferred out