Question: Answer and show solution pls Problem 2. DUB Nation Company employs FIFO process costing system regarding its 3-point enhancer product. The following data are provided

Answer and show solution pls

Answer and show solution pls Problem 2. DUBAnswer and show solution pls Problem 2. DUB
Problem 2. DUB Nation Company employs FIFO process costing system regarding its 3-point enhancer product. The following data are provided for the year ended December 3 l , 2020: a. it is the company's policy to add conversion cost evenly throughout the period while 4/5 of the direct materials are added at the start of the process while the remaining direct materials are added at the end of the process. 10% of units started are normally spoiled which all come from the units started. The January 1, 2020 woman-process inventory consists of 20,000 units with the following costs: 400,000-direct material, 500,000-direct labor and 100,000-factory overhead. The beginning inventory is 72% complete as to conversion cost. The total manufacturing costs added during the year consists of PlM-direct material, 1,200,000direct labor and 300,000factory overhead. The units started during the year totaled 80,000 units while the units completed totaled 60,000 units. The December 31, 2020 workin-process inventory consist of 10,000 units which is 20% incomplete as to conversion cost. g. The inspection point occurs when the percentage of completion is 75% as to conversion cost. What is the cost per equivalent unit for direct material and conversion cost, respectively? 13.16 and 19.71 18.42 and 26.92 12.20 and 17.54 14.27 and21.35 D'PP'F

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