Asignment #o Name Ending WIP 40% complete materials / 50% complete for conversion is 10,000 units Cost of materials in WIP is $8,000 Cost of Conversion in WIP is $10,000 Units Started in month was 120,000 Conversion costs added during month $250,000 Material costs added during month was $210,000 Beginning WIP 70% complete materials / 60% complete for conversion is 5,000 units Cost of materials in WIP is $4,000 Cost of Conversion in WIP is $5,500 Compute the cost per unit in good report format for the month, using the weighted average method. Answer to last week's assignment Materials Conversion Number of units transferred 1 15.000 115,000 Units in ending WIP 4.000 5,000 Equivalent units 119,000 120,000 Costs Costs in Beg WIP 4,000 5,500 Costs added during period 210.000 250.000 Total Costs 214,000 255,500 Cost per Unit 1.7983... 2.1292... Required: On the back of this page, calculate the cost per unit using the FIFO method