4)

The following data is related to assembly division in XYZ company in June month:

Physical

Units

Direct

Materials

Conversion

Costs

Work in process, beginning

80

493,360

91,040

Started in June

300

Completed during June

300

Work in process, ending**

80

Total cost added during June

3,220,000

1,392,000

** Degree of completion: Direct mat. 70%, conversion costs, 20%.

Prepare physical and equivalents units table, Use the weighted average method to summarize the total cost to account for, calculate cost per equivalent unit, and assign total cost to unit completed and transferred and to units in ending work in process.