1.) How many widgets did XYZ Corp. complete in June?

2.) Using the weighted-average method, compute the number of equivalent units for direct materials.

3.) Using the FIFO method, compute the number of equivalent units for direct materials.

4.) Using the FIFO method, what is the cost per equivalent unit for conversion costs.

5.) Using the weighted-average method, what is the cost per equivalent unit for direct materials.

Questions 2 through 6 are based on the following information XYZ Corp. makes widgets. Direct materials are added at the beginning of the process in Department A. The following information is available for Department A for June 2020. Units Direct Materials Conversion Costs Work-in-process inventory, June 1 30,000 $90,000 $150,000 Started during the month 95,000 Completed during the month ??? Work-in-process inventory, June 30 15,000 Costs added during the month $301,000 $475,000 The widgets in beginning work-in-process inventory were 30% of the way through the production process on June 1 (meaning they had 30% of their conversion costs input) and the widgets in ending work-in-process inventory were 80% of the way through the production process at June 30