Hamilton Processing Company uses a weighted-average process cost system and manufactures a single productan industrial carpet shampoo and cleaner used by many universities. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the Mixing and Cooking department is as follows.

Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Units accounted for" equivalent units section shown in the production cost report, and compute October unit costs

Quantities

Physical

Units

Materials

Conversion

Costs

Units to be accounted for

Work in process, October 1

(all materials, 70% conversion costs)

23,400

Started into production

175,500

Total units

198,900

Units accounted for

Transferred out

140,400

Work in process, October 31

(60% materials, 40% conversion costs)

58,500

Total units accounted for

198,900

Costs

Materials

Conversion

Costs

Total

Unit costs

Total Costs

$280,800

$122,850

$403,650

Equivalent units

Unit costs

$

$

$

Costs to be accounted for

Work in process, October 1

$35,100

Started into production

368,550

Total costs

$403,650