Ermoin Inc. uses the FIFO method in its process costing system. The following data concern the operations of the company's first processing department for a recent month.

Work in process, beginning:
units in process			700
Percent complete with respect to materials			50	%
Percent complete with respect to conversion			10	%
Costs in the beginning inventory:
Materials cost		$	595
Conversion cost		$	2,093
Units started into production during the month			14,000
Units completed and transferred out			14,600
Costs added to production during the month:
Materials cost		$	21,465
Conversion cost		$	440,618
Work in process, ending:
Units in process			100
Percent complete with respect to materials			60	%
Percent complete with respect to conversion			60	%

Using the FIFO method:

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

	Materials	Conversion
Equivalent units of production

b.	Determine the cost per equivalent unit for materials and conversion costs. (Round your answer to 2 decimal places.)

	Materials	Conversion
Cost per equivalent unit	$	$

c.	Determine the cost of ending work in process inventory.

Cost of ending work in process inventory

$

d.	Determine the cost of units transferred out of the department during the month.

Cost of units transferred out

$