1. The Miller Company manufactures a product to which materials are added early in the manufacturing process. A review of the company's inventory and cost records for the most recent year ended revealed the following information:
2. 
   
3. Work in Process, January 1 (80% complete with respect to conversion costs) 
4. Units 100,000
5. Materials $100,000
6. Conversion $157,500
7. 
   
8. Units started in production- 500,000 Units
9. Cost added during the year:
10. Materials $650,000
11. Conversion $997,500
12. Units completed in the year- 450,000 Units
13. The company uses the weighted average cost method in its process costing system. Ending inventory is 50% complete with respect to conversion costs.

Required:
a. Calculate the equivalent units of production and the cost per equivalent unit of materials and conversion costs.
b. Determine the cost transferred to finished goods.
C. Determine the amount of cost that should be allocated to ending work-in-process inventory.