Minh Corporation is a biotech company based in Vietri. It makes a cancer-treatment drug in a single processing department. Direct materials are added at the start of the process. Conversion costs are added evenly during the process. ABC uses the weighted-average method of process costing. The following information for July 2011 is available.

	Equivalent Units
	Physical Units	Direct Materials Costs ($)	Conversion Costs ($)
Work in process, July 1	8,500 (1)
Started during July	35,000
Completed and transferred out during July	33,000
Work in process, July 31	10,500 (1)

(1) Degree of completion: direct materials,.....; conversion costs,....

(2) Degree of completion: direct materials,...; conversion costs,....

Total Costs for July 2008

Work in process, beginning
Direct materials	$63,100
Conversion costs	$45,510
Direct materials added during July		284,900
Conversion costs added during July		$485,040

Required

a. Fill in dot (.....) highlighted by yellow color with relevant %

b. Weighted-average method

Calculate cost per equivalent unit for direct materials and conversion costs, and assign total costs to units completed (and transferred out) and to units in ending work in process.

b. FIFO method

Calculate cost per equivalent unit for direct materials and conversion costs, and assign total costs to units completed (and transferred out) and to units in ending work in process.