QUESTION 1 - Please show work for understanding of problem.

New Image Sports uses a WEIGHTED AVERAGE process-costing system. For March, the company had the following activities:

Beginning work-in-process inventory 6,000 units

Units placed in production 24,000 units

Units completed and Transferred Out 25,000 units

Cost of beginning work in process -Materials $ 3,000

Cost of beginning work in process- Conversion Costs $ 2,000

Direct material costs added in March $18,000

Conversion costs added in March $13,750

Direct materials are placed into production at the beginning of the process. Ending Work in Process is 60% completed as to conversion costs.

1. The Total Equivalent Units would be __________ for Direct Materials and ________ for Conversion Costs.

2. The Cost per Equivalent Unit would be ________ for Direct Materials and _________ for Conversion Costs. Round Conversion Costs to 4 decimals.

3. The Total Cost of the 25,000 units completed and transferred out is ___________ .

4. The Total Cost of Ending Work In Process is _________ of which ________ is Direct Materials and ________ is Conversion Costs.