Lumberjacks, Inc. makes wood frames. They have a single department and they use process costing (FIFO method). On January 31, they had the following costs in WIP: Material: $100,000 + Conversion: $135,000 = $235,000 There were 4,000 frames on hand at 1/31. The frames were 100% complete wrt Materials costs but only 20% wrt Conversion costs. During February, they started 13,000 frames into production. 12,000 frames were completed during the month and transferred out. The frames that weren't completed were 100% complete wrt Materials costs but only 40% complete wrt Conversion costs. Total manufacturing costs incurred in February were: Material: $44,540 + Conversion: $92,536 = $137, 076 1. What were the total costs to be accounted for? 2. What was the cost per equivalent unit for February for Material and Conversion? 3. What was the total cost of the frames transferred to finished goods in February? 4. What was the total cost in WIP at 2/28?