Hi-Test Company uses the weighted average method of process costing to assign production costs to its products. Information for the company's first production process September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process. $101,320 Work in process inventory, September 1 (2,800 units, 100% complete with respect to direct materials, 80% complete with respect to conversion; consists of $45,000 of direct materials cost. $56,320 conversion cost) Costs incurred in September Direct materials Conversion Work in process inventory, September 30 (7,eee units, 100% complete with respect to direct materials, 40% complete with respect to conversion) Units started in September Units completed and transferred out $375,000 $341,000 2 28,000 23,000 Required: Compute each of the following using the weighted average method of process costing, 1. & 2. The number of equivalent units for materials and conversion for the month. 3. & 4. The cost per equivalent unit of materials and conversion for the month 5. The total cost of goods transferred out 6. The total cost of ending work in process inventory. Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 and 4 Required 5 Required 6 Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 Required 5 Required 6 and 4 % Conversion EUP-Conversion The number of equivalent units for materials and conversion for the month. Equivalent Units of Production (EUP) Units % Materials EUP-Materials Units completed and transferred out 23,000 Units of ending work in process Total Required 1 and Required 3 and 4 Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 and 4 Required 5 Required 6 The cost per equivalent unit of materials and conversion for the month. (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 Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 and 4 Required 5 Required 6 The total cost of goods transferred out. (Round "Cost per EUP" to 2 decimal places.) EUP Cost per EUP Total cost Costs Transferred Out Direct materials Conversion Total transferred out