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HI-T Company uses the weighted average method of process costing Information for the company's first production process follows. All direct materials are added at the

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HI-T Company uses the weighted average method of process costing Information for the company's first production process follows. All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process Direct Materials Percent Complete 1001 Conversion Percent Complete 808 Units 6,000 32,000 11,000 Beginning work in process inventory Completed and transferred out Ending work in process inventory 1000 401 $ 89,700 144,520 $ 234,220 Beginning work in process Direct materials Conversion Costs added this period Direkest materials Conversion Total costs to account for 465,000 376,000 841,000 $ 1,075,220 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 department's output-specifically, to the units transferred out and to the units in ending work in process inventory Complete this question by entering your answers in the tabs below. Required A Required B Required Compute the equivalent units of production for both direct materials and conversion Assign costs to the department's output-specifically, to the units transferred out and to the units in ending wo Inventory Complete this question by entering your answers in the tabs below. Required A Required B Required Compute the equivalent units of production for both direct materials and conversion Equivalent Units of Production: Weighted average Direct Materials Units Percent Complete Conversion Percent EUP Complete EUP Total Required A Required B Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 dec Cost per Equivalent Unit of Production Direct Materials Conversion Total costs + Equivalent units of production Cost per equivalent unit of production inventory Complete this question by entering your answers in the tabs below. Required A Required B Required Assign costs to the department's output-specifically, to the units transferred out and to the units in ending worki 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

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