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:

A: 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. (Round unit costs to 2 decimal places, e.g. 2.25.)

B.

HAMILTON PROCESSING COMPANY Mixing and Cooking Department Production Cost Report For the Month Ended October 31 Equivalent Units Physical Units Conversion Costs Quantities Materials Units to be accounted for Work in process, October 1 (all materials, 70% conversion costs) Started into production 23,200 174,000 197,200 Total units Units accounted for Transferred out 139,200 Work in process, October 31 (60% materials, 40% conversion costs) 58,000 Total units accounted for 197,200 Conversion Costs Costs Materials Total Unit costs Total Costs $278,400 $121,800 $400,200 Equivalent units Unit costs Costs to be accounted for Work in process, October 1 Started into production $34,800 365,400 $400,200 Total costs Complete the "Cost Reconciliation Schedule" part of the production cost report below. Cost Reconciliation Schedule Costs accounted for $ Transferred out Work in process, October 31 Materials $ Conversion costs Total costs $