Dana Inc. uses a process costing system. The following data concern the operations of the company's first processing department for a recent month. Required: USE the FIFO method to calculate the unit cost for direct materials, and the weighted average to calculate the unit cost for conversion costs. Use either the FIFO or the weighted average method to determine the following:

a. Determine the equivalent units of production for materials and conversion costs.

Materials (FIFO): ______________ Conversion (Wt. Average): _________________

b. Determine the cost per equivalent unit for materials and conversion costs.

Materials (FIFO): ______________ Conversion (Wt. Average): _________________

c. Determine the cost of units transferred out of the department during the month. ___________

d. Determine the cost of ending work-in-process inventory. ___________________

Work in process, beginning: Units in Process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory Materials cost Conversion cost Units started into production Costs added to production during the month: Materials cost Conversion cost Work in process, ending Units in Process Percent complete with respect to materials Percent complete with respect to conversion 700 30% 20% 2,587 10,706 6,000 54,245 58,195 1,300 40% 30%