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Equivalent Units and Product Cost Report-Weighted Average Method Toits rss ronth's operations (January 2019. Schramiski Company's Department 1 incurred charges of $120,000 for direct materials (10,000 units), $29,875 for direct Labor, and $58,000 for manufacturing overhead. At month-end, 9,000 units had been finished and transferred out. The remaining units were finished with respect to material but only 25% complete with respect to conversion costs. Assuming Schramiski uses the weighted average method and that materials are added at the beginning of the process and conversion costs occur evenly, compute the following a. The equivalent units of materials and conversion costs b. The cost per equivalent unit of materials and conversion costs. c. The total cost assigned to the units transferred out d. The total cost assigned to the ending inventory 9. Prove that your solutions to requirements (c) and (d) sum to the total costs to be accounted for Support Round average cost per equivalent unit to wo decimal laces, if applicable. Round other answers to the nearest whole number when appropriate Schramisk Company Department 1 Flow of Units and Equivalent Unit Calculation Equivalent Units Werk Direct Work Conversion Materials Dene Cests 0 Equivalent Units Direct % Work Materials Done % Work done % % Conversion Costs Complete/Transferred Ending Inventory Total % 96 a a. Conversion Costs $ $ b. $ Product Cost Report Direct Materials Beginning Inventory $ $ Current Total Costs to Account For $ $ + Total Equivalent Units Average cost / Equivalent unit $ Complete / Transferred: Direct Materials $ Conversion costs Cost of Goods Manufactured $ Ending Inventory: Direct Materials $ Conversion costs Cost of Ending Inventory $ d. Total Costs Allocated $ b. C