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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 clirect 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 clirect materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process Direct Materials Conversion Percent Complete 100% Percent Complete 2012 Beginning work in process inventory Completed and transferred out Ending work in process inventory Units 5,500 26,500 10,50 100% 30 $ 89,500 26,785 $ 166,285 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 410,000 225.000 $941,285 o. 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 Required Compute the equivalent units of production for both direct materials and conversion Din Walter Complete this question by entering your answers in the tabs below. 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 Porcent EUP Complete 26,500 100% 26.500 10 500 100% 10.500 37 000 37,000 Conversion Percent EUP Complete 100% 26,500 30% 3,150 29,650 Completed and transferred out Ending work in procesu Total Required 8 > 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 decimal pl Direct Materials Conversion Cost per Equivalent Unit of Production Cost of beginning work in process Costs added this period Total costs -Equivalent units of production Cost per equivalent unit of production Required A Required B Required 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

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