(Click the icon to view the cost information.) ost LA i Data Table ts Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, October 1 20,000 20,000 15,000 Started in October 40,000 Completed and transferred out during October 10,000 10,000 10,000 Work in process, October 31 50,000 50,000 15,000 Degree of completion: direct materials, 100%; conversion costs, 75%. Degree of completion: direct materials, 100%; conversion costs, 30%. sion ct ials Print Done ed out) and to units in ending work in process. requivale i Data Table Direct Material Total Costs for October 2017 Work in process, beginning Direct materials $ 8,000 20,000 $ 28,000 osts. (Roy 25,000 Conversion costs Direct materials added during October Conversion costs added during October Conve 70,000 ! $ 123,000 Total costs to account for Print Done and to units in ending work in process. Dit Conversion Leaming Tree Corporation makes interlocking children's blocks in a single processing department. Direct materials are added at the start of production. Conversion costs are added evenly throughout production. Learning Tree uses the weighted average method of process costing. The fofowing information for October 2017 is available (Click the icon to view the equivalent unit information) (Click the loon to view the cost information) Read the realicements Requirement 1. Summarize total costs to account for and calculate cost per equivalent unit for direct materials and conversion costs. Begin by summarizing the total costs to account for Total Direct Conversion Production Costs Materials Costs Completed and transferred out Equivalent units of work done to date Total costs to account for Now calculate cost per equivalent unit for direct materials and conversion costs. (Round the cost per equivalent unit amounts to the nearest cont.) Direct Conversion Materials Costa Divide Cost per equivalent unit Requirement 2. Assign tot costs to units completed (and anferred out) and to unitsin ending work in process Total Direct Conversion Production Costs Materials Costs Choose from any list or enter any number in the input fields and then continue to the next question Save for Later