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. $153,480 Work in process inventory, September 1 (5,608 units, 100x complete with respect to direct materials, sex complete with respect to conversion; consists of $77,4ee of direct materials cost, $76,eee conversion cost Costs incurred in September Direct materials Conversion Work in process inventory, September 30 (10,880 units, 188% complete with respect to direct materials, 40% complete with respect to conversion) Units started in September Units completed and transferred out $485, eee $368,000 31,688 26,000 Required: Compute each of the following using the welghted-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 The total cost of ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost per Costs of Ending Work in Process EUP Total cost EUP Direct materials Conversion Total cost of ending work in process Required 5 Required 6 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. $153,480 Work in process inventory, September 1 (5,eee units, 18ex complete with respect to direct materials, sex complete with respect to conversion; consists of $77,4ee of direct materials cost, $76,eee conversion cost Costs incurred in September Direct materials Conversion Work in process inventory, September 30 (10,880 units, 188% complete with respect to direct materials, 40% complete with respect to conversion) Units started in September Units completed and transferred out $ 485, eee $368,000 31,600 26,eee 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 The total cost of goods transferred out. (Round "Cost per EUP" to 2 decimal places.) Costs Transferred Out EUP Cost per EUP Total cost Direct materials Conversion Total transferred out 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. $153,480 Work in process inventory, September 1 (5,eee units, 18ex complete with respect to direct materials, sex complete with respect to conversion; consists of $77,4ee of direct materials cost, $76,eee conversion cost Costs incurred in September Direct materials Conversion Work in process inventory, September 30 (10,000 units, 188x complete with respect to direct materials, 48% complete with respect to conversion) Units started in September Units completed and transferred out $ 485, eee $368,000 2 31, eee 26,eee Required: Compute each of the following using the welghted-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. 5. 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 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 Cost of beginning work in process Total costs - Equivalent units of production Cost per equivalent unit of production