Kingbird is a producer of perfume, sourcing materials from all over the world as it creates beautiful scents. In November, Kingbird was producing perfume that would be bottled into 1.2 ounce sizes. The manufacturing department reports the following information related to production of liquid perfume this month. Step 2: Determine physical status of units and convert into equivalent units Equivalent Units Units completed this period Units in ending WIP Inventory Total units accounted for Total equivalent units of work done Physical Units Total costs to account for 380 40 420 Costs in beginning WIP Inventory (from last period) Costs added to WIP Inventory this period % Added 100% Step 3: Account for costs 100% Total Costs $2,130 9.984 Kingbird uses the weighted-average method of process costing. $12,114 DM Equiv. Units DM $1,490 6.070 $7,560 380 40 420 Conversion Costs % Added 100% 40% Conversion Costs $640 3,914 $4,554 Equiv. Units 380 16 396 (a) Determine the cost per equivalent unit for both DM and conversion costs for the company this month by completing Step 4 of the template. (Round answers to 2 decimal places, e.g. 15.25.) (b) Cost per equivalent unit $ DM $ Cost of units in ending WIP Inventory Assign costs to the company's units completed and to the units in ending WIP Inventory for August by completing Step 5 of the template. Total cost of units completed and removed from WIP Inventory Conversion Cost $ $ What is Kingbird's total cost of units completed? Total cost of units completed $ How many total units did the company complete this period? Total number of units completed What was its actual cost per unit for those units completed? (Round answer to 2 decimal places, e.g. 15.25.) Actual unit cost for units completed $ What is the total cost per equivalent unit? (Round answer to 2 decimal places, e.g. 15.25.) Total cost per equivalent unit this period $ Is the actual cost per unit the same as the total cost per equivalent unit?