AAA, Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the companys first processing department for a recent month.

Work in process inventory	Beginning	Ending
Units in process	3,500	10,000
Percentage complete with respect to materials	75.0%	85.0%
Percentage complete with respect to conversion	50.0%	25.0%
Costs in beginning work in process inventory
Materials cost	$ 10,000
Conversion costs	$ 20,000
	$ 30,000
Cost added to production during the month
Materials cost	$ 245,000
Conversion costs	$ 580,000
	$ 825,000
Units started into production during the month	100,000
Units completed and transferred out	93,500

Required:

1. Determine the equivalent units of production.

2. Determine the costs per equivalent unit.

3. Determine the cost of ending work in process inventory.

4. Determine the cost of the units completed and transferred to the next processing department

5. Describe the nature of products that would be well suited for a process costing approach.