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 Conversion Percent Percent Units Complete Complete Beginning work in process inventory 4,500 100% 70% Completed and transferred out 30,500 Ending work in process inventory 9,500 100% 30% Beginning work in process Direct materials $ 54,000 Conversion 99,900 $ 153,900 Costs added this period Direct materials 450,000 Conversion 367,000 817,800 Total costs to account for $ 970,900 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 Units of Production: Weighted average Direct Materials Units Percent EUP Complete Conversion Percent EUP Completo Total CH Required a > 50 100% HI-T Company uses the weighted average method of process costing. Information for the company's first production process All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the pro Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 4,500 100% 70 Completed and transferred out 30,500 Ending work in process inventory 9,500 38% Beginning work in process Direct materials $ 54,000 Conversion 99,900 $ 153,900 Costs added this period Direct materials 450,000 Conversion 367,000 817,000 Total costs to account for $ 970,900 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 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 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 Conversion Percent Percent Units Complete Complete Beginning work in process inventory 4,500 1804 70% Completed and transferred out 30,500 Ending work in process inventory 9,500 100% 30% Beginning work in process Direct materials $ 54,008 Conversion 99,900 $ 153,900 Costs added this period Direct materials 450,000 Conversion 367,000 817,000 Total costs to account for $ 970,900 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 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 averago 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