How many units are in ending inventory? What is the equivalent units of material? What is the equivalent units of conversion? What is the material cost per unit?

Your company is Salmon Company

Given the following information answer the questions below:

Beginning Inventory:	974 Units
Cost of Materials in Beginning Inventory	$ 5,108
Cost of Conversion in Beginning Inventory	$ 3,134
Units Started into Production	6118 Units
Cost of Materials added this period	$ 29,289
Cost of Conversion added this period	$ 18,414
Units transferred out to next process Ending Inventory:	5319 Units
Materials Complete	100%
Conversion Complete	68.42%

Questions:

A) How many units are in ending inventory?

B) What is the equivalent units of material?

C) What is the equivalent units of conversion?

D) What is the material cost per unit?

E) What is the conversion cost per unit?

F) Journal the transfer of completed products to the next process (Use WIP This Process & WIP Next Process)

G) What is the value of ending inventory?