The Better Way Company is dedicated to making products that meet the needs of customers in a sustainable manner. Better Way is best known for its KLN water bottle, which is a BPA-free, dishwasher-safe, bubbly glass bottle in a soft silicone sleeve Click the icon to view the additional information) Consulting studies have indicated that of the total conversion costs required to complete a finished unit, the forming operation requires 60%, the assembly 30%, and the finishing 10%. The following data are available for March 2020 (there is no beginning inventory of any kind): Click the icon to view the data.) Read the requirements Requirement 1. What is the cost per equivalent unit for conversion costs for KLN bottles in March 2020? Use a formula to solve for the cost per equivalent unit for conversion costs. (Round the cost per equivalent unit amount to the nearest cent. Cony conversion) Cost per equivalent unit conv.costs Requirement 2. Compute the cost per equivalent unit with respect to each of the three materials: cutlets, silicone, and polypropylene. Begin by using a formula to solve for the cost per equivalent unit with respect to cullets. (Round the cost per equivalent unit amount to the nearest cent. Conv. conversion, Equiv. equivalent.) ) Cost per equiv, unit cullets Use a formula to solve for the cost per equivalent unit with respect to silicone. (Round the cost per equivalent unit amount to the nearest cent. Cony conversion Equiv. equivalent.) - Cost per equiv, unit, silicone ) - Use a formula to solve for the cost per equivalent unit with respect to polypropylene. (Round the cost per equivalent unit amount to the nearest cont. Conv. = conversion) Cost per equivalent unit, polypropyleno . Requirement 3. What is the cost of goods completed and transferred out? 4 More info to m etter -safe The production process consists of three basic operations. In the first operation, the glass is formed by remelting cullets (broken or refuse glass). In the second operation, the glass is assembled with the silicone gasket and sleeve. The resulting product is finished in the final operation with the addition of the polypropylene cap. al inf - Data table equiv: requiry $ 66,400 $ 24,800 $ 7,800 er equival $ neares the cost Cullets purchased Silicone purchased Polypropylene used Total conversion costs incurred Ending inventory, cullets Ending inventory, silicone Number of bottles completed and transferred Inventory in process at the end of the month: Units formed but not assembled Units assembled but not finished 72,670 7,000 4,000 13,000 ent. Cor Der equivald 2,000 3,000