Question Completion Status: ABC Manufacturing Co. uses a process costing system in its manufacturing operation and reported Work In Process: Beginning inventory, December 1 15,000 units (80% complete for Materials, 30% Conversion) Added to production during December 40,000 units Completed and transferred out 42,000 units Ending inventory, December 31 (70% complete for Materials, 40% Conversion) 13,000 units Costs Material $12,875 Conversion $ 36,000 Beginning inventory, December 1 Added to production $51,000 $192,920 Required: a. What were the equivalent units (EU) of production for Material and Conversion Cost? b. What was the cost per equivalent unit for Material and Conversion Cost? c. What cost would be assigned to the units transferred out of Work in Process Inventory? d. What costs would be assigned to the ending Work in Process Inventory? TTTT Paragraph. Arial %DO Q E fx Mashups - 14 @ @ D 3 (12pt) T' T, E . E T. +-- 25 - wees