The Stanton Processing Company had work in process at the beginning and end of March 2017 in its Painting Department as follows: Percentage of Completion Direct Materials Conversion Costs March 1 (3,000 units) 40% 10% March 31 (2,000 units) 80% 40% The company completed 30,000 units during March. Manufacturing costs incurred during March were direct materials costs of $ 176,320 and conversion costs of $ 312,625. Inventory at March 1 was carried at a cost of $ 16,155 (direct materials, $5,380 and conversion costs, $10,775). Required 1. Assuming Stanton uses weighted-average costing, determine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in ending inventory. 2. Assuming co. is using FIFO method. Calculate cost of units completed and cost of ending inventory