1. compute equivalent units of production for conversion costs.

2. Assume direct materials and conversion cost per unit are $2.10 and $7.00, respectively. Compute total cost of units completed and transferred out.

3. compute equivalent units of production for direct materials.

4. Assume equivalent units of production for direct materials, and conversion costs are 60,000 and 45,000 units, respectively. Compute total cost of productions per unit (unit cost).

Finishing Department at Jersey Company uses the Weighted-Average method in its process costing system. All materials are added at the beginning of processing in Finishing Department and conversion costs are added evenly throughout the process. During September. Finishing Department collected the following data: Work-in-process, September 30 26,00020% CostsforSeptember:Workinprocess,Sept.1DirectMaterials$22,000ConversionCost$52,820 Added during the month $110,000 $311,680