Itzgood makes a variety of healthy snack foods. The following information for January 2010 relates to a trail mix. Materials are added at the beginning of processing; overhead is applied based on direct labor. The mix is transferred to a second department for packaging. Itzgood’s uses a FIFO process costing system.

Beginning WIP Inventory (40% complete as to conversion) .....20,000 pounds

Mix started in January .................... 321,600 pounds

Ending WIP Inventory (80% complete as to conversion) .......16,000 pounds

Material cost incurred in January ................ $778,272

Conversion cost incurred in January ............... $277,536

Beginning inventory cost totaled $53,580. For January 2010, compute the following:

a. Equivalent units of production for material and conversion.

b. Cost per equivalent unit by cost component.

c. Cost of mix transferred to the packaging department in January.

d. Cost of January’s ending inventory.