ABC manufacturer of poster stands. Every stand passes through two departments: the assembly department and the finishing department. This problem focuses on the assembly department. The process-costing system a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of production. Conversion costs are added evenly during the assembly department's process Direct Materials $ 3,060 Conversion Costs $ 312 Physical Units Work in process, July la 50 Started during July 2017 510 Completed during July 2017 450 Work in process, July 30b 110 Total costs added during July 2017 a Degree of completion: direct materials, 100%; conversion costs, 40%. b Degree of completion: direct materials, 100%; conversion costs, 15%. $35,700 $23,088 Required: Assuming ABC uses a Weighted Average Method of process costing: 1. Calculate the Cost per EU 2. Assign the costs to units completed (and transferred out) and to units in ending work in process. Assuming ABC uses a Weighted Average Method of process costing: 3. Calculate the Eus 4. Calculate the Cost per EU Weighted Average Method Equivalent Units Cony Costs Direct Mat Physical Units 50 510 WIP beginning (given) Started during period (given) Total to acoount for 560 Completed & Transferred WIP Ending (100%,1596) 450 110 450 110 Accounted For / Equivalent Units 560 EU 468 Cony Costs Total Production Costs 3,372 58,788 62,160 WIP beginning (given) Costs added during period (given) Total Cost to account for Direct Mat 3,060 35,700 38,760 23,088 28,400 3 & 4 FIFO Method Physical Units 50 Equivalent Units Cony Costs Direct Mat WIP beginning (given) Started during period (given) 510 Total to account for 560 Completed & Transferred From Beginning WIP Started and Completed WIP Ending Accounted For EU Total Production Costs 3,372 58,788 62,160 WIP beginning (given) Costs added during period (given) Total Cost to account for Direct Mat 3,060 35,700 38,760 Cony Costs 312 23,088 23,400 Cost per Equivalent Units /per EU