1. Brand Company is a manufacturer of wool clothes. The information for July 2021 is as follows:

Production data	Units
Beginning work in process	30,000
Started new units	80,000
Units completed and transferred to finished goods.	90,000
Cost data
Beginning work-in-process, direct materials	$120,000
Beginning work-in-process, conversion	75,000
Direct materials added during the month	320,000
Direct manufacturing labor during the month	235,000
Factory overhead	200,000

Beginning work in process was 50% converted as to conversion costs. Direct materials are added at the beginning of the process. All conversion costs are added evenly throughout the process. Ending work in process was 60% complete as to conversion costs.

Required: (4 marks)

1. Prepare a production cost worksheet using the weighted-average method. Support your answer with all necessary equations & calculations.

2. Compute the cost of completed and transferred units and the cost of ending work in process.