Dickerson Company Uses a Process Costing System The Conversion Cost of the Beginning Inventory Was $6,500

Dickerson Company uses a process costing system. The following information relates to one month's activity in the company's Mixing Department.
$$\begin{array} { l r c } & &{ \text { Corversion } } \\& \text { Units } & \text { Percent Complete } \\\text { Beginning work-in-process inventory } & 10,000 & 20 \% \\\text { Units started } & 21,000 & \\\text { Units cornpleted and transferred out } & 26,000 & \\\text { Ending work-in-process irventory } & 5,000 & 80 \%\end{array}$$
The conversion cost of the beginning inventory was $6,500. During the month, $112,000 in additional conversion cost was incurred.
Required:
a. Assume that the company uses the FIFO method. Compute:
1. The equivalent units of production for conversion for the month.
2. The cost per equivalent unit for conversion for the month.
3. The total cost transferred out during the month.
4. The cost assigned to the ending work-in-process inventory.
b. Assume that the company uses the weighted-average cost method. Compute:
1. The equivalent units of production for conversion for the month.
2. The cost per equivalent unit for conversion for the month.
3. The total cost transferred out during the month.
4. The cost assigned to the ending work-in-process inventory.