Cost Accounting

Use the following to answer questions 1-7:
Mullins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
Beginning work in process inventory:

Units in beginning work in process inventory                        700
Materials costs                                                                                    $11,500
Conversion costs                                                                                $22,200
Percentage complete with respect to materials                                  75%
Percentage complete with respect to conversion        65%
Units started into production during the month                      8,600
Units transferred to the next department during the month    7,800
Materials costs added during the month                                              $159,300
Conversion costs added during the month                                          $348,500
Ending work in process inventory:
Units in ending work in process inventory                            1,500
Percentage complete with respect to materials          65%
Percentage complete with respect to conversion        50%

1. What are the equivalent units for materials for the month in the first processing department?

2. What are the equivalent units for conversion costs for the month in the first processing department?

3. The cost per equivalent unit for materials for the month in the first processing department is closest to:

4. The cost per equivalent unit for conversion costs for the first department for the month is closest to:

5.  cost per equivalent whole unit for the month in the first processing department is closest to:

6. The total cost transferred from the first processing department to the next processing department during the month is closest to:

7. The cost of ending work in process inventory in the first processing department according to the company’s cost system is closest to: