The following information relates to , Inc. for the month of November:
Beg. work in process. Nov. 1 800 units at a cost of $5.010
Direct materials, 100% complete
Conversion costs, 70% complete
Units started in Nov., 14,000 Nov.
Costs charged to WIP:
Direct materials costs. $57, 400
Direct labor costs, $20, 049
Factory overhead costs, $30, 073
Ending WIP: Nov. 30 1, 500 unit's
Direct materials. 100% complete
Conversion costs, 30% complete
Using the FIFO method, calculate the equivalent units for materials and conversation costs.