Annin Laboratories uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for February: Beginning WIP inventory Direct materials. Conversion costs Current period costs Direct materials. Conversion conta $ 23,553 7,705 138,672 67,440 Quantity information is obtained from the manufacturing records and includes the following: Beginning inventory Current period units started Ending inventory 6,000 units (40% complete as to materials, 15 complete an to conversion) 44,600 units 17,000 units (75% complete as to materials, 351 complete as to conversion) Exercise 8-41 (Algo) Compute Costs per Equivalent Unit: Weighted-Average Method (LO 8-3) Required: a. Compute the equivalent units for the materials and conversion cost calculations. b. Compute the cost per equivalent unit for direct materials and conversion costs. Complete this question by entering your answers in the tabs below. Required A Required B Comnite the enuivalent units for the materials and conversinn rnet rainutatione < Prev 5 6 of 6 Next >>