Work in Process Inventory, August 1: 20,000 units Direct materials: 100% complete 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 August Direct materials Conversion costs: Direct labor Overhead applied Total conversion Assume materials are added at the start of processing. Required: a. Equivalent units b. Cost per equivalent unit a. Calculate the equivalent units for the Forming Department for the month of August. b. Determine the cost per equivalent unit of input resources for the Forming Department during August. Note: Round your answers to 2 decimal places. Direct Materials $ 80,000 24,000 $ 104,000 46,000 60,000 ? Conversion $ 161,000 $ 123,000 140,000 $ 263,000