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Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work in Process Inventory T-account for the

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Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work in Process Inventory T-account for the Bending department is shown below. The 3,700 units in beginning work in process inventory had direct materials costs of $4,100 and conversion costs of $3,300. Also shown is unit data for the Bending department this period. Direct Materials Percent Complete Conversion Percent Complete 100% 203 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 3,700 7,700 8,700 2,700 100% 703 Work in Process Inventory-Bending ($) Debit Credit Beginning balance 7,400 2 Transferred out Direct materials 16, 420 Conversion 28, 470 Ending balance a. Compute equivalent units of production for both direct materials and conversion. b. Compute cost per equivalent unit of production for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory a. Compute equivalent units of production for both direct materials and conversion. b. Compute cost per equivalent unit of production for both direct materials and conversion. C. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute equivalent units of production for both direct materials and conversion. Equivalent units of production: Weighted average Direct Materials Units Percent EUP Complete 8,700 100% 8,700 2,700 100% 2,700 11,400 11,400 Completed and transferred out Ending work in process Total Conversion Percent EUP Complete 100% 8.700 70% 1,890 10,590 Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute cost per equivalent unit of production for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) Cost per equivalent unit of production: Weighted average Direct Conversion Materials Costs of beginning work in process Costs added this period 16,420 Total costs $ 16,420 + Equivalent units of production Cost per equivalent unit of production Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required C Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.). Cost assignment-Weighted average Cost per EUP Total cost EUP Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for $ 0

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