Reference no: EM132509628

Quebec Manufacturing Ltd. has the following information regarding its February costs and production:

Beginning work in process 31,600 units

Started in production 119,300 units

Completed production 100,000 units

Ending work in process 50,900 units

1. Materials are added at the beginning of the process. Beginning WIP was 50% complete for conversion costs and ending WIP was 30% complete for conversion costs.

2. Beginning inventory costs consist of $75,200 for materials, $32,400 for direct labour, and $30,800 for overhead.

3. Costs incurred during February were $602,465 for materials, $208,400 for labour, and $308,844 for overhead.

Question 1 : Determine the equivalent units of production for materials and conversion costs for February using the FIFO method.

Question 2  : Calculate the unit costs. (Round unit costs to 3 decimal places, e.g. 15.251.)