A B C F Hi-T Company uses the weighted average method of process costing. Information for the company's first production process follo direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process. Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 2,000 100% 80% Completed and transferred out 23,000 100% 100% Ending work in process inventory 7,000 100% 40% 10 LL Beginning work in process 12 Direct materials 13 Conversion $45,000 56,320 $101,320 14 Costs added this period 15 Direct materials 16 Conversion 17 Total costs to account for 375,000 341,000 716,000 $817,320 18 19 Required: 20 a. Compute the equivalent units of production for both direct materials and conversion. 21 Imal places.) (Use cells A5 to D17 from the given information to complete this question.) 5 Cost per Equivalent Unit of Production 7 8 9 Total costs Direct Materials Conversion 40 + Equivalent units of production 41 Cost per equivalent unit of production 42 43 44 45 C. Assign costs to the department's output-specifically, to the units transferred out and to the units in (Round "Cost per EUP" to 2 decimal places.) 46 (Use cells A5 to D17 from the given information to complete this question.) 47 48 Cost assignment-Weighted average MO net nar FIID Total cost Cost assignment-Weighted average Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for EUP Cost per EUP Total cost $0.00 $0.00 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to Nothing in this area will be graded, but it will be submitted with your assignment.