Production and Cost Data for the Month of February for Process

Production and cost data for the month of February for Process A of the Packer manufacturing Company follow:
$$\begin{array}{l}\text { Units in process, February } 1\\\begin{array} { | l | c | } \hline \begin{array} { l } \text { (100\% complete with respect to materials; } \\25 \% \text { complete with respect to conversion cost) }\end{array} & 2,000 \\\hline \text { New units started in process } & 8,000 \\\hline \begin{array} { l } \text { Units completed } \\( 100 \% \\1 / 3 \text { complete with respect to conversion cost) }\end{array} & 7,000 \\\hline \text { Units in process, February } 28 & 3,000 \\\hline \text { Work-ir-process inventory, February } 1 : & \\\hline \text { Materials } & \$ 600 \\\hline \text { Conversion } & \$ 100 \\\hline \text { Costs incurred in February: } & \\\hline \text { Materials issued } & \$ 2,560 \\\hline \text { Conversion } & \$ 1,500 \\\hline\end{array}\end{array}$$
The company uses the weighted-average cost method in its process costing system.Required:
a.Calculate the equivalent units and cost per equivalent unit for February for materials and for conversion costs.(Carry calculations out to the nearest tenth of a cent. )
b.Determine the cost transferred to finished goods.c.Determine the amount of cost that should be assigned to the ending work-in-process.

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