Please answer the following questions

PSH Company manufactures a high-quality steel pipe that goes through two processing stages prior to completion Information on work in the first department, Molding, is given below for December: Production Data: Units Work in Process, December 1 (Beginning): 40 Units started into production in December 580 460 Units completed and transferred out to the next department Units Work in Process, December 31: Materials 100% complete, Conversion 40% complete Cost of beginning work in process, plus costs incurred during the period: ? Direct materials $5,580 Conversion costs $2.358 PHS Company uses the Weighted-average method. Please answer the following four (4) questions. 2 points What is the units Work in process, December 31? (Physical units) Ans) Compute equivalent units of production for materials and conversion costs 5 points> Ans) Conversion: Material: Material: ) Conversion: ) Compute the unit costs of production (cost per equivalent unit) for material and conversion costs Material: $ Conversion: $ Assign costs to units completed and transferred out and work in process at the end of December Total cost of units completed/transferred out: $ Total cost of Work in process, December 31: S