Hi-T Company uses the weighted average method of process costing. Information for the companys first production process follows. All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process.

	Units	Direct Materials	Conversion
		Percent Complete	Percent Complete
Beginning work in process inventory	1,500	100%	70%
Completed and transferred out	27,500
Ending work in process inventory	6,500	100%	30%

Beginning work in process
Direct materials	$ 45,800
Conversion	84,695	$ 130,495
Costs added this period
Direct materials	420,000
Conversion	360,000	780,000
Total costs to account for		$ 910,495

a. Compute the equivalent units of production for both direct materials and conversion. b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the departments outputspecifically, to the units transferred out and to the units in ending work in process inventory.

Required A Required B Required C Compute the equivalent units of production for both direct materials and conversion. Equivalent Units of Production: Weighted average Direct Materials Units Percent EUP Complete Conversion Percent Complete EUP Tot Beginning goods in process inventory Completed and transferred out Ending work in process Total units accounted for Required A Required B Required C Compute the cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) Cost per Equivalent Unit of Production Direct Materials Conversion Total costs - Equivalent units of production Cost per equivalent unit of production Required A Required B Required C Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost assignment-Weighted average EUP Cost per EUP Total cost Completed and transferred out Direct materials Conversion Total Completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for $ 0