Calculate Equivalent Units, Unit Costs, and Transferred Costs$$Weighted Average Method

Monroe Company processes a food seasoning powder through its Compounding and Packaging departments. In the Compounding Department, direct materials are added at the beginning of the process, and direct labor and manufacturing overhead are incurred evenly throughout the process. Monroe uses the weighted average method. Costs in the Compounding Department can be summarized as follows:

Inventory, August $1$

Number of units in progress $(40\%$ complete$)6,000$

Direct materials $$2,940$

Conversion costs $$12,300$

Current period

Number of units started $93,000$

Direct materials $$99,030$

Direct labor $$187,680$

Manufacturing overhead $$227,367$

At August $31,9,000$ units were in process, $30\%$ complete with respect to conversion costs.

Required

Use the given tables to calculate the following for the Compounding Department:

a$.$ Equivalent units for materials and conversion costs during August.

b$.$ Costs per equivalent unit for materials and conversion costs.

c$.$ Total cost of units transferred to the Packaging Department $($cost of goods manufactured$)$

d$.$ Inventory cost at August $31.$

NOTE: Round cost per unit answers to two decimal places, and all other answers to whole numbers.

NOTE: Enter percentages as whole numbers without the percentage sign, i$.$e$.100$ for $100\%.$

PLease fill in table in image