S & S co. uses a FIFO process costing system to account for the costs of two departments. Department 2 receives unit from department 1 and applies conversion costs evenly throughout the process. In Department 2, direct materials are added when product is 40% complete. Inspection occurs when production is 100% complete. Normal spoilage 3% of good units completed and transferred out.

At the beginning of December 2017, Department 2 has 1,060 units in WIP. These units were 50% complete with $24,000 transferred in cost $15,900 direct material and $13,000 conversion costs.

During the month 10,800 units were transferred into department 2 at costs $262,419. Department 2 incurred material costs of $140,432 and conversion costs $453,400 in December.

9,500 units were completed and transferred out. At the end of the month, there are 1,800 units in WIP. These were 30% Complete.

Required.

1. Calculate the equivalents in Department 2 using FIFO method including the physical units reconciliation.
2. Calculate the costs per equivalent unit using the FIFO method.