(i) Determine the number of physical units in the 30th June work in process (ii) calculate the number of equibalent units for direct material and conversion cost (iii) compute the cost per equivalent unit of direct material and conversion cost (iv) determine the total cost of completed units (v) determine the total cost of the June 30th work in process

(a) Econo Corporation uses the weighted average method in its process costing system. The company has the following information available for the month of June. Work in process, 1st June 400 units Direct material: 65% complete Conversion costs: 45% complete $5 700 6 800 A total of 6500 units were started and 5900 units were transferred out. Costs incurred during June: Direct material: Conversion costs: $125 500 207 000 Work in process, 30th June Direct material: 50% complete Conversion costs: 35% complete