Delish Ltd produces a dishwashing liquid. At the beginning of January, 126000litres of liquid cleaner were in process, 100% complete as to raw materials and 40% complete as to conversion costs. During the month, 920000litres of raw materials were placed into production. At the end of the month, 80000litres of dishwashing liquid were in work in process inventory, 100% completed as to raw materials and 50% completed in terms of conversion costs.

Assume that the following costs were recorded by Delish Ltd for the beginning work in process and the production performance for January:

Beginning inventory: Raw materials costs Conversion costs January production costs: Raw materials costs Conversion costs

$48000 38400 368000 761600

Required

A. Prepare a schedule of equivalent units for January (weighted average method).

B. Calculate the unit cost for each litre of liquid cleaner.

C. Determine the total costs of the litres of liquid cleaner finished during January. What is the balance of the ending work in process inventory?