The following information has been provided to you: Equivalent Units of Production for Materials: 200,000 Equivalent Units of Production for Conversion Costs: 100,000 Beginning Work in Process: Material Costs - $100,000 Conversion Costs - $200,000 Costs incurred during the current month:

Material Costs - $600,000 Conversion Costs - $400,000 1. How much is the Material Cost Per Unit? (i.e. $50.00)

2. How much is the Conversion Cost Per Unit? (i.e. $50.00)

3. How much is the Total Manufacturing Cost Per Unit? (e.g. $50.00)

4. Units in Beginning Work in Process are ignored when computing equivalent units for Materials and Conversion Costs? True or False?