Please explain

The Sinestro Company manufactures electric drills. Material is introduced at the beginning of the process in the assembly department. Conversion costs are applied uniformly throughout the process. As the process is completed, goods are immediately transferred to the finishing department. Data for the assembly department for the month of July 20X1 follow: (Click the icon to view the data.) Requirements 1. Compute the total cost of goods transferred out of the assembly department during July. Compute the total costs of the ending work in process. Prepare a production-cost report or a similar orderly tabulation of your work. Assume weighted-average product costing. Requirements 1. and 2. Compute the total cost of goods transferred out of the assembly department during July. Compute the total costs of the ending work in process. Assume weighted-average product costing. Begin by computing the equivalent units. Equivalent Units Data Table - X Physical Direct Flow of Production Units Materials Conversion Work in process, June 30, 20X1 Work in process, June 30: $99,500 (consisting of $59,500 materials and Started in July 20X1 $40,000 conversion costs); 100% completed for direct materials, but only 40% completed for conversion costs 7,000 units Units to account for Units started during July 70,000 units Completed and transferred out Units completed during July 47,000 units Work in process, July 31, 20X1 Work in process, July 31: 100% completed for direct materials, but only 40% Units accounted for completed for conversion costs 30,000 units Work done to date Direct materials added during July $ 595,000 Conversion costs added during July 432,000 Print Done Enter any number in the edit fields and then click Check Answer. ? 3 parts remaining Clear All Check