Equivalent Units and Product Cost Report-Weighted Average Method In its first month's operations Ganuary 2016). Allred Company's Department 1 incurred charges of $120.0oo for direct materials (10.000 units) $33,000 for direct labor, and $58.000 for manufacturing overhead. At month end 8.800 units had been finished and transferred out. Theremain ng units were finshed with respect to material but only 25% complete with respect to conversion costs Assuming Allred uses the weighted average method and that materials are added at the beginning of the process and conversion costs occur evenly, compute the following a The equivalent units of materials and conversion costs. b. The cost per equivalent unit of materials and conversion costs C. The total cost assigned to the units transferred out d. The total cost assigned to the ending inventory e. Prove that your solutions to requirements (c) and (d) sum to the total costs to be accounted for