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need help with figuring the cost per equivalent unit of production ...

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Accounting

need help with figuring the cost per equivalent unit of production image
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Elliott Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for March. 500 5,000 1,000 Costs Beginning work in process inventory Direct materials Conversion $ 865 1,656 Units Beginning work in process inventory Started Ending work in procesu inventory status of ending work in process inventory Materials Percent complete Conversion-Percent complete Direct materials added 1001 Direct Labor added 301 Overhead applied (1401 of direct labor) Total cost to account for Ending work in process inventory duces large quantities of a standardized product. The following information is available for the first process tivities for March 865 1,656 in process inventory process inventory 1 work in process inventory rent complete cent complete Costs 500 Beginning work in process inventory 5,000 Direct materials 1.000 Conversion Direct materials added 1001 Direct labor added 301 Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory $ 2,521 40,000 32,430 45, 402 $120, 353 $ 12,998

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