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need help with this question it's two parts the question is posted and just part of the steps Preston Corporation is a biotech company based

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need help with this question it's two parts the question is posted and just part of the steps

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Preston Corporation is a biotech company based in Milpitas. It makes a cancer-treatment drug in a single processing department. Direct materials are added at the stat of the process. Conversion costs are added evenly during the process. Preston uses the weighted-average method of process costing. The following information for July 2014 is available. (Click the icon to view the equivalent unit informatiom) Requirements (Click the icon to view the cost informatiom) 1. Summarize total costs to account for and calculate cost per equivalent unit for direct materials and conversion costs. 2. Assign total costs to units completed (and transferred out) and to units In ending work in process. Requirement 1. Summarize total costs to account for and calculate cost per equivalent unit for direct materials and conversion cos Begin by summarizing the total costs to account for O Data Table Work in process, July 1 Started during July Equivalent Units Total Production Costs Direct Materials Conversion Costs Physical Units 9,200a 33,200 Completed and transferred out during July 31 , 000 Work in process, July 31 11,400b Direct Materials 9,200 31,000 11,400 Conversion 1,380 31,000 6,840 Total costs to account for S Oegree of completion: direct materials, 100%; conversion costs, Degree of completion: direct materials, 100%; conversion costs, 60%

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