Victory, Inc., manufactures a product that passes through two processes: Mixing and Packaging. All manufacturing costs are added uniformly in the Mixing Department. Information for the Mixing Department for August follows: Work in process, August 1: Units (30% complete) 75,000 Direct materials $2,000,000 Direct labor $1,500,000 Overhead $1,188,000 During August, 1,500,000 units were completed and transferred to Packaging. The following costs were incurred by the Mixing Department during August: Direct materials $25,000,000 Direct labor 15,000,000 Overhead 6,000,000 There were 120,000 units that were 70 percent complete remaining in the Mixing Department at August 31. USE THE FIFO METHOD AND ROUND UNIT COSTS TO TWO DECIMAL PLACES

1Determine the equivalent units of production for August.

2.Determine the total Costs to account for in August

3Determine the total cost per equivalent unit of production

4Calculate the cost of goods transferred to the packaging department.

5.Calculate the cost of August's ending work in process for the mixing department.