17. (10 points) Micro Inc. processes a single type of microchip in large quantities. For the current period the following information is given: Units 9,000 Beginning Inventory Started During the Current Period Ending Inventory Material Costs $ 18,360 $273,600 Conversion Costs $ 94,800 $409,200 72,000 12,000 All materials are added at the beginning of the production process. The beginning inventory was 40% complete as to conversion, while the ending inventory was 75% completed for conversion purposes. a. Calculate Micro's physical flow of units, equivalent units, cost per equivalent unit and assign costs to Finished Goods and Ending Work-in-Process Inventories using the FIFO method of processing costing