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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 Conversion Percent Complete 700 1008 Beginning work in process inventory Completed and transferred out Ending work in process inventory Units 6,500 32,500 11.500 1000 300 $ 66,00 121.920 $ 188,720 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 470.000 367.000 $37.000 $ 1,025, 720 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 Equivalent Unlts of Production: Weighted average

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