Work in Process Inventory, August 1 20,000 units Direct materials: 100% complete $80,000 24,000 104,000 45,000 Conversion: 20% complete Balance in work in process, August 1 $ Units started during August Units completed and transferred in August work in process (70% complete), August 31 Costs charged to Work in Process in 57,000 7 August 166,000 Direct materials Conversion costs Direct labor Overhead applied 104,000 142,000 246,000 Total conversion Assume materials are added at the start of processing Instructions a. Calculate the equivalent units for the Forming Department for the month of August. rect Conversion Materials Equivalent units b. Find the cost per equivalent unit of input resource. (Round your answers to 2 decimal places.) rect Conversion Materials Cost per equivalent unit