End-of-Topic Focus Homework TF2-15 T2.3 (LO 2) Processing costing: Cost flows Fill in the missing data (ignore indirect materials). Raw Materials Inventory WIP-Department 1 WIP-Department 2 Finished Goods Inventory Beginning balance a. $ 36,000 $ 13,000 $63,000 Materials purchased $250,000 Direct materials used b. 200,000 80,000 Conversion costs incurred 85,000 e. Transfers of completed units d. 300,000 f. g. Cost of goods sold $512,000 Ending balance $ 16,000 $ 8,000 $41,000 T2.4 (LO 3) Calculate equivalent units In February, Parsons, Inc. completed 15,000 units; 3,000 units still in process were 55% complete with respect to materials and conversion. Required a. How many equivalent units were in Parsons's ending Work in Process Inventory? b. How many equivalent units will be used to calculate the cost per equivalent unit? T2.5 (LO 3) Excel Calculate equivalent units Sury Company reported the following physical unit