1. BestToys Company manufactures a variety of battery-operated toys. Information on its popular product 3D is provided to you. Materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Production and cost data for the month of October 2022 are as follows:

Production Data- 3D Popular Toy	Units	Percentage Complete
Work in process units, October 1	500	80%
Units started in production	1000
Work in process units, October 31	400	40%
Cost Data- 3D Popular Toy
Work in process, October 1
Materials $700
Conversion costs 600	$1,300
Direct materials	2,500
Direct labor	1,680
Manufacturing overhead	1,340

Required:

Calculate the equivalent units of production for materials and conversion costs using the weighted average method. (3 marks)