Solve using FIFO.

The following information concerns production in the Banking Department for July. All direct materials are placed in process at the beginning of production. Determine the number of units in work in process inventory at the end of the month. Determine the equivalent units of production for direct materials and conversion costs in July. Based upon .he in Exercise 18-7, determine the following: Direct materials cost per equivalent unit. Conversion cost per equivalent unit. Cost of the beginning work in process completed during July. Cost of units started and completed during July. Cost of the ending work in process. Assuming that the direct materials cost is the same for July, did the conversion cost per equivalent unit increase, decrease, or remain the same in July