Dunder Mifin Corporation uses the weighted-average method in its process costing system The following data were taken from the records of the first processing department for a recent month. Work in process, beginning: Units in process 120 Percent complete with respect to materials Percent complete with respect to conversion 90% 20% Costs in the beginning inventory: $18,600 Materials cost $9.800 Conversion cost BUnits started into production during the month Costs added to production during the month: 240 $48,644 Materials cost $182,555 Conversion cost 6 7 Work in process, ending: 80 Units in process 18 80% Percent complete with respect to materials Percent complete with respect to conversion 19 75% 20 21 22 23 Required: 24 he novt danartmant durina the month2 a. How many units were transferred to the next department during the month? b. What were the equivalent units of production for materials and for conversion costs for the month? c. What were the costs per equivalent unit of production for materials and for conversion costs for the month? d. What was the cost of the ending work in process inventory in the department at the end of the month 3 e. What was the cost of the units completed and transferred to the next department during the month? 4 5 6 7 a. Use the inventory formula to compute by using units instead of $s. 38 89 40 41 42 43 44 b. Use the following template: Materials Conversion b. Use the following template: Conversion Materials 5 Units transferred to the next department 7 Ending work in process inventory: 48 Materials 49 Conversion 50 Equivalent units of production 51 52 c. Use the following template: Materials Conversion 53 54 Cost of beginning work in process inventory 55 Costs added during the period 56 Total cost 57 Equivalent units of production 58 Cost per equivalent unit 59 60 d. Use the following template: Total Materials Conversion 61 62 Ending work in process inventory: Equivalent units of production 63 57 Equivalent units of production 58 Cost per equivalent unit 59 60 d. Use the following template: Materials 61 Conversion Total 62 Ending work in process inventory: Equivalent units of production 63 Cost per equivalent unit Cost of ending work in process inventory 64 65 66 67 e. Use the following template: Total Materials 68 Conversion 69 Units completed and transferred out: Units transferred to the next department 70 Cost per equivalent unit Cost of units completed and transferred out 71 72 73 74 75 76 77 78