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1 Trez Company One uses the weighted-average method in its process costing system. The following data were taken from the records of the first processing

1 Trez Company One uses the weighted-average method in its process costing system. The following data were taken from the records of the first processing department for a recent month. Complete Steps1 through 5 in the tables below:

Step 1. Summary of physical units

Percent Completed

Units

Material

Conversion

Beginning WIP

40

60%

50%

Units started into production

190

Units completed and transferred out

?

Ending WIP

30

50%

40%

Step 2: Calculate EUP

Weighted Average method:

Equivalent Units of Production

Materials

Conversion

Units completed and transferred out

?

?

Ending work in process inventory:

Materials

?

Conversion

?

Equivalent units of production

?

?

Step 3: Summary of Total Costs

Materials

Conversion

Total Costs

Costs Beginning WIP

6,200

$16,300

?

Cost added in production during the period

42,390

136,340

?

Total Cost

?

?

?

Step 4: Calculate Costs/EUP

Costs per Equivalent Unit

Materials

Conversion

Total cost

?

?

Equivalent units of production

?

?

Cost per equivalent unit

?

?

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