On April 1, 2019, the assembly department of AC Inc. had no beginning work in process. During the month, production was started on 10,000 units. The total cost of materials was $60,000. All materials were placed in production at the start of the manufacturing process in the department. During the month, 8,000 units were transferred to the next department and 2,000 units were still in process at the end of the month.
1. What is the cost per equivalent unit for materials?
2. What is the cost of materials in the goods transferred to the next department?
3. What is the cost of materials in the ending work in process inventory?