City University uses a weighted-average process cost system to accumulate costs incurred in handling student applications in the admissions department. When an application is completed, it is forwarded to the appropriate academic department for final processing. The following processing and cost data pertain to March. Applications in process on March 1 250 2. Applications started in March 1,100 3. Completed applications during March 950 4. Applications still in process at March 31 were 100% complete as to materials (forms) and 75% complete as to conversion costs. Beginning WIP: Direct materials $2,125 Conversion costs 9,450 March costs: Direct materials $8,000Direct materials $8,000 Direct labor 43,000 Overhead 10,050 Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Conversion costs are incurred uniformly during the process. City University uses the weighted-average method to compute equivalent units. (a) X Your answer is incorrect. Determine the equivalent units of service (production) for materials and conversion costs. Equivalent Units Materials 1230 Conversion costs 1190