Sturdy Paper, which uses a process costing system, had the following production data during September:

● 10,000 units were in the beginning inventory.

● 80,000 units were started in production.

● 60,000 units were completed.

● The remaining units were one-fourth complete.

● The materials are added at the end of the process.

● Total costs to account for materials were $240,000.

● Total costs to account for conversion costs were $320,000; of the total costs, $294,375 was current costs.

a. Determine the equivalent units for each product cost using FIFO.

b. Calculate the unit cost for each product cost using FIFO.

c. Allocate the total costs between the finished goods and goods still in work in process using FIFO.