Oat Company manufactures oatmeal for breakfast cereal. Direct materials are added at the beginning of the manufacturing process and conversion costs are incurred eventy throughout the manufacturing process. Data for the most recent period are as follows: Work in process, January 31-65,000 units 40% completed for conversion costs Units started during February, 475,000 Work in process, February 28-40,000 units 20% completed for conversion costs Costs for February Direct materials Conversion costs $184,000 $139,200 $ 950,000 $1,638,800 Calculate Oat Company's physical flow of units, equivalent units, cost per equivalent unit and assign costs to Finished Goods and Ending Work-in-Process Inventories using the weighted average method of processing costing