Dana Inc. uses the FIFO 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 beginning:
Units in process	700
Percent complete with respect to materials	40	%
Percent complete with respect to conversion	20	%
Costs in the beginning inventory:
Materials cost	$590
Conversion cost	$2,144
Units started into production during the month	12,000
Units completed and transferred out	12,100
Costs added to production during the month:
Materials cost	$32,724
Conversion cost	$328,568
Work in process,ending:
Units in process	600
Percent complete with respect to materials	50	%
Percent complete with respect to conversion	50	%

Required:

Using the FIFO method:

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

	Equivalent Units of Production
Materials
Conversion

b.	Determine the cost per equivalent unit for materials and conversion costs. (Do not round intermediate calculations and final answers to 2 decimal places.)

	Cost per Equivalent Unit
Materials	$
Conversion	$

c.	Determine the cost of ending work in process inventory. (Do not round intermediate calculations. Omit the "$" sign in your response.)

Cost of ending WIP

$

d.	Determine the cost of units transferred out of the department during the month. (Do not round intermediate calculations. Omit the "$" sign in your response.)

Cost of units transferred out

$