124 Wered average had, ang costs. The Cham Company make chemicals angle proceset tiedot Conversion costs are added vanlying the procese. Chatham uses the weight process conting. The following information for July 2004 is available Equivalent Units Physical Direct Units Materials Work in process, July 1 10.000 5.000 Started during July 40.000 Completed and transferred out during July 34.000 38.000 Work in process, July 31 15.00 THLOOD Degree of conta direct met 100%.conversion 70% Degrade, 100cocos Total CustoJuly 2004 Work in process, beginning Direct materia $60.000 Conversion costs 70,000 5130.000 Direct materials added during July 2000 Conversion cost added during July 311.000 Total tits to account for 1. Circulate cost per equivalent unit for direct materials and conversion costs 2. Sumante total com to account for, and assign these costs to units completed to and to units in anding work in grote quid m