Hi-Test Company uses the weighted-average method of process costing to assign production costs to its products. Information for September follows. Assume that all materials are added at the beginning of its production process, and that conversion costs are added uniformly throughout the process.

Work in process inventory, September 1 (2,000 units, 100% complete with respect to direct materials, 80% complete with respect to direct labor and overhead; includes $45,000 of direct material cost, $25,600 in direct labor cost, $30,720 overhead cost)	$	101,320
Units started in April		28,000
Units completed and transferred to finished goods inventory		23,000
Work in process inventory, September 30 (? units, 100% complete with respect to direct materials, 40% complete with respect to direct labor and overhead)		?
Costs incurred in September
Direct materials	$	375,000
Conversion	$	341,000

Required:

Compute each of the following, assuming Hi-Test uses the weighted-average method of process costing.(Round "Cost per EUP" to 2 decimal places.)

1.

The number of physical units that were transferred out and the number that are in ending work in process inventory.

Units Reconciliation

Units to account for
Total units accounted for
Total units accounted for

2&3.

The number of equivalent units for materials and conversion for the month.

Equivalent Units of Production (EUP)
	Units	% Materials	EUP-Materials	% Conversion	EUP-Conversion
Equivalent units of production

4&5.	The cost per equivalent unit of materials and conversion for the month.

Cost per Equivalent Unit of Production	Direct Materials	Conversion
Total costs
Equivalent units of production
Cost per equivalent unit of production

6.

The total cost of goods transferred out.

Costs Transferred Out	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total transferred out

7.

The total cost of ending work in process inventory.

Costs of Ending Work in Process	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total cost of ending work in process