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Chapter 3 question 15I'm confused by this Check my 5 Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is

Chapter 3 question 15I'm confused by this

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Check my 5 Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the first process. During November, the first process transferred 770,000 units of product to the second process. Additional information for the first process follows. of 3 At the end of November, work in process inventory consists of 181,000 units that are 80% complete with respect to conversion. Beginning work in process inventory had $556,335 of direct materials and $91,480 of conversion cost. The direct material cost added in November is $3,723,165, and the conversion cost added is $1,738,120. Beginning work in process consisted of 71,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 71,000 were from beginning work in process and 699,000 units were started and completed during the period. look rint 3. Compute the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost of units transferred out: EUP Cost per EUP Total cost. Direct materials Conversion Total costs transferred out

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