Question: Can you solve this general accounting problem with appropriate steps and explanations? HILLCREST PANELS INC. COMPLETED AND TRANSFERRED 210,000 UNITS FROM ITS FINISHING DEPARTMENT. THERE

Can you solve this general accounting problem with appropriate steps and explanations?

HILLCREST PANELS INC. COMPLETED AND TRANSFERRED 210,000 UNITS FROM ITS FINISHING DEPARTMENT. THERE WAS NO BEGINNING INVENTORY IN THE DEPARTMENT. THE ENDING INVENTORY WAS 19,000 UNITS, WHICH WERE 80% COMPLETE AS TO CONVERSION COsTs. ALL DIRECT MATERIALS ARE ADDED AT THE BEGINNING OF THE PROCESS. - DIRECT LABOR COST INCURRED = $75,000 FACTORY OVERHEAD APPLIED = $21,500 REQUIRED: A. WHAT IS THE TOTAL CONVERSION COST? B. WHAT IS THE CONVERSION COST PER EQUIVALENT UNIT

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