1. Calculating costs - Process Costing Duncan Manufacturing uses the weighted average method in its process conting The following data relate to its Cutting Department forget Beginning WIP Material Boll complete, Conversion dos complete Units added to production during August 15.200 units Units completed and transferred to the next department 13.100 Ending WIP Material to complete, Cowersion 55% complete 6.700 units Cost of Works Process August 1. Men SB 500 Cost of Words Process August 1Conversion $18,400 Total Direct material cost incurred during August $210.800 Total Conversion cost incurred during 5490,200 Required: a. Prepare the Production Cost Report and determine the equivalent units of production for the Cutting Department for August using the weighted average method. a. Calculate the material cost per equivalent unit b. Calculate the conversion cost per equivalent unit c. What cost would be assigned to the units transferred out of Cutting? d. What cost would be assigned to the ending Work in Process Inventory