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Cool Manufacturing produces cotton cloth. The company is using the weighted average method. The information for Mayis as follows: out of Physical units Direct Conversion

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Cool Manufacturing produces cotton cloth. The company is using the weighted average method. The information for Mayis as follows: out of Physical units Direct Conversion Costs Material Cost $105,000 $68,000 10,000units Beginning Work in Process Started Units Completed Units Ending Work in Process ** Total Cost added during period 55,000 units 60,000 units 5,000units $314,100 $271,200 * Degree of completion for beginning work in process: direct materials, 70%, conversion costs, 60% ** Degree of completion for ending work in process: direct materials, 70% conversion costs, 80%. Required: Use the table below to answer" 1- Compute the physical units (12 marks) 2- Compute the equivalent units (16 marks) 3 Compute the total cost to account for (18 marks) Compute the cost per equivalent units (19 marks) 5- Assign the cost to completed units and ending work in process (15 marks) 4

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