Ramos Corp. uses a process costing system to assign costs to its steel production. During March, Ramos had beginning Work in Process Inventory of 288,000 tons of steel (100 percent complete as to material and 65 percent complete as to conversion). During the month, the raw material needed to produce 5,440,000 tons of steel was started in process. At month-end, 264,000 tons remained in WIP Inventory (100 percent complete as to material and 40 percent complete as to conversion).

a. Compute the total units to account for. Answer

b. Determine how many units were started and completed. Answer

c. Determine the equivalent units of production using the weighted average method.

EU for materials	Answer
EU for conversion	Answer

d. Determine the equivalent units of production using the FIFO method.

EU for materials	Answer
EU for conversion	Answer

e. Reconcile your answers to parts (c) and (d).

Note: Use a negative sign to indicate amount in table is subtracted.

	DM	CC
WA EUP	Answer	Answer
AnswerEquivalent units in BIEquivalent units in EIUnfinished units in BIUnfinished units in EI	Answer	Answer
FIFO EUP	Answer	Answer

Please answer all parts of the question.