PROCESS COSTING (5 points) Pant Risers manufactures bands for self-dressing assistive devices for mobility-impaired individuals. Manufacturing is a one-step process where the bands are cut and sewn. This is the information related to this year's production: Units to Account For Units Materials Conversion Beginning WIP inventory 500 500 250 Started 20,500 To account for 21,000 Ending inventory was 100% complete as to materials and 70% complete as to conversion, and the total materials cost is $57,540 and the total conversion cost is $36,036. Using the weighted-average method, please answer the following questions: 1. What are the unit costs if the company transferred out 17,000 units? I The unit cost for direct materials is $ The unit cost for conversion is $ 2. What is the value of the inventory transferred out? per equivalent unit. per equivalent unit The total value assigned to the units transferred to finished goods inventory is $