Talking Lion Company uses the weighted-average method in its process-costing system. Operating data for the first processing department for May appear below for the physical flow of units, and for direct materials (DM) and conversion costs (CC).

Units %of completion DM %of completion CC

Beginning WIP inventory 600 %60 %50

Started into production during May 11,000 ? ?

Ending WIP inventory 1,600 %80 %60

DM CC

Beginning WIP inventory $11,700 $13,525

Cost Added during May $39,000 $74,155

Q1. Compute the equivalent units of production for the processing department for direct materials and conversion costs.

Q2. Compute the cost per equivalent unit for direct materials and conversion costs.

Q3. Determine the cost of WIP inventory ending balance.