The following information is available from the Oils Division of Glasgow Corporation for December. Conversion costs for this division were 80 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:

	Unit	Conversion Costs
WIP at December 1 (80% complete)	20,000	$ 232,000
Units started and costs incurred during December	108,000	1,306,800
Units completed and transferred to next department during December	80,000	?

The Oils Division uses FIFO.

Required:

a-1. Compute the equivalent units for conversion costs.

Equivalent units ?

a-2. Compute the cost per equivalent unit for conversion costs. (Round your answers to 2 decimal places.)

Cost 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.)

Conversion cost ?

b. What were the conversion costs per equivalent unit produced last period and this period, respectively? (Round your answers to 4 decimal places.)

cost per unit

previous period ?

current period ?