Data concerning a recent period€™s activity in the Mixing Department, the first processing department in a company that uses process costing, appear below:

A total of 8,000 units were completed and transferred to the next processing department during the period. Beginning work in process inventory consisted of 1,000 units and ending work in process inventory consisted of 2,000 units.

Required:
Using the FIFO method, compute the cost of the units transferred to the next department during the period and the cost of ending work in processinventory.

Materials Conversion $380 200 700 Cost of work in process inventory at the beginning of the period Equivalent units of production in the ending work in $2,700 process inventory 800 Equivalent units of production required to complete the beginning work in process inventory . . 400 $4.40 Cost per equivalent unit for the period $1.30