The Nitrogen Fixation Department of Tomco Company began the month of December with beginning work in process of 4,000 units that are 100% complete as to materials and 30% complete as to conversion costs Units transferred out are 12,000 units Ending work in process contains 5,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Instructions Compute the equivalent units of production for materials and conversion costs for the month of December 2. The general ledger of Oates Company has the following work in process account. WORK IN PROCESS-FINISHING 6/1 Balance 8,000 6/30 Transferred out ? 6/30 Materials 1,800 6/30 Labor 3,800 6/30 Overhead 2,800. 6/30 Balance Production records show that there were 2,000 units in beginning inventory, 50% complete: 6,000 units started, and 4,500 units transferred out. The beginning work in process had conversion costs of $3,300. The units in ending inventory were 60% complete. Materials are added at the beginning of the process. Instructions Answer the following questions. (a) How many units are in process at June 302 (b) What is the unit conversion cost for June? (c) What is the conversion cost in the June 30 inventory? Step 1: Accounting for All Units Step 2: Schedule of EUP's 700 Materials Labor/OH BWIP Started Total T-Out EWIP Total IT-Out EWIP Total EUP Step 3: Unit Cost Schedule BWIP Current Total Unit Cost Mat Labor/OH Total Step 4: Production Cost Schedule T-Out EWIP: Materials Labor/OH Total Costs to be accounted for