5 Jarvene Corporation uses the FiFO method in its process costing system. The following data are for the most recent month of operations in one of the company's processing departments: 10 Points Units in beginning inventory Units started into production Units in ending inventory Unite transferred to the next department 400 3,000 300 3,100 eBook Print References Percentage completion of beginning Inventory Pereentage completion of ending inventory 801 701 40% 608 The cost of beginning inventory according to the company's costing system was $11,040 of which $8,120 was for materials and the remainder was for conversion cost. The costs added during the month amounted to $132,730. The costs per equivalent unit for the month were: Materials Conversion 25.4018.20 Cost per equivalent unit