In its first month of operations, Allred Company's Department $1$ incurred charges of $$576,000$ for direct materials $(90,000$ units$),$ $$309,600$ for direct labor, and $$108,000$ for manufacturing overhead. At month end, $85,000$ units had been finished and transferred out. Those remaining were finished with respect to material but only $40\%$ finished with respect to conversion.

Assuming Allred uses the weighted average method and that materials are added at the beginning of the process and conversion occurs evenly, compute the following:

The equivalent units for material and conversion.

The cost per equivalent unit for material and conversion.

The total cost assigned to the units transferred out.

The total cost assigned to the ending inventory.

Prove that your solutions to requirements $($c$)$ and $($d$)$ sum to the total costs to be accounted for.

Round average cost per equivalent unit to two decimal places, if applicable.

Round other answers to the nearest whole number, when appropriate.

Allred Company Department $1$

Flow of Units and Equivalent Units Calculation

Equivalent Units

$\%$ Work

done Direct

Materials $\%$ Work

Done Conversion

Costs

Complete$/$Transferred Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Ending Inventory Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Total Answer

$0$

a$.$ Answer

$0$

Answer

$0$

a$.$

Product Cost Report

Direct

Materials Conversion

Costs

Beginning Inventory Answer

$0$

Answer

$0$

Answer

$0$

Current Answer

$0$

Answer

$0$

Answer

$0$

Total Costs to Account For Answer

$0$

Answer

$0$

Answer

$0$

$-$: Total Equivalent Units Answer

$0$

Answer

$0$

Average cost $/$ Equivalent unit Answer

$0$

b$.$ Answer

$0$

b$.$

Complete $/$ Transferred:

Direct Materials Answer

$0$

Conversion costs Answer

$0$

Cost of Goods Manufactured Answer

$0$

c$.$

Ending Inventory:

Direct Materials Answer

$0$

Conversion costs Answer

$0$

Cost of Ending Inventory Answer

$0$

d$.$

Total Costs Allocated Answer

$0$

e$.$