The following information is available from the Oils Division of Glasgow Corporation for December. Conversion costs for this division were 75 percent complete as to beginning work-in-process inventory and 50 percent complete as to ending work-in-process inventory. Information about conversion costs follows:

The following information is available from the Oils Division of Glasgow Corporation for December. Conversion costs for this division were 75 percent complete as to beginning work-in- process inventory and 50 percent complete as to ending work-in-process inventory. Information about conversion costs follows: Conversion Units Costs WIP at December 1 (75% complete) Units started and costs incurred during December Units completed and transferred to next department during December 108,000 S 393,660 548,000 2,412,850 408,000 The Oils Division uses FIFO. Required: a-1. Compute the equivalent units for conversion costs. quivalent a-2. Compute the cost per equivalent unit for conversion costs. (Round your answers to 2 decimal places.) t per equivalent unit a-3. What was the conversion cost of work-in-process inventory in the Oils Division at December 31? (Do not round intermediate calculations.) rsion cost b. What were he conversion costs per equivalent unit produced ast period and his period respective places.) o no round inte mediate ca cu ation . Round your answers todecimal Cost per unit Previous period Current period