M Connect Mino-w1451875 ezto meducation.com Orarch-bock El boom met Saved Required information (The following information applies to the questions displayed below) The Matsui Lubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day $ Beginning WIP inventory Direct materials Conversion costs Current period costs Direct materials Conversion costs 955 467 19,940 11,688 Quantity Information is obtained from the manufacturing records and includes the following Beginning inventory Current period units started Ending inventory See units (65) Complete as to materials, 54 complete as to conversion 5,300 units 1,500 units (45 complete as to materials, 25 complete as to conversion Required: a. Compute the equivalent units for the materials and conversion cost calculations b. Compute the cost per equivalent unit for direct materials and conversion costs Complete this question by entering your answers in the tabs below. Required Required B Prov 1 of 2 Next