Problem 4.6.2 s Question Help Trendy Clothing Company is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Trendy uses the weighted-average method of process costing. The following information for June, this year, is available. (Click the icon to view the information.) Requirements Calculate equivalent units of transferred-in costs, direct materials and conversion costs. 2. Summarise total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials and conversion costs. 3. Assign total costs to units completed (and transferred out) and to units in ending work-in-process. 1. Requirement 1. Calculate equivalent units of transferred-in costs, direct materials and conversion costs. (Enter an amount in each input cell.) Equivalent Units Transferred-in Direct Conversion Physical Units (tons) Costs Materials Costs Work-in-process, beginning inventory (1 June) 60 Transferred in during June 165 To account for 140 Completed and transferred out during June Work-in-process, ending inventory (30 June) Accounted for 85 Work done to date Problem 4.6.2 s Question Help Trendy Clothing Company is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Trendy uses the weighted-average method of process costing. The following information for June, this year, is available. (Click the icon to view the information.) Requirements Calculate equivalent units of transferred-in costs, direct materials and conversion costs. 2. Summarise total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials and conversion costs. 3. Assign total costs to units completed (and transferred out) and to units in ending work-in-process. 1. Requirement 1. Calculate equivalent units of transferred-in costs, direct materials and conversion costs. (Enter an amount in each input cell.) Equivalent Units Transferred-in Direct Conversion Physical Units (tons) Costs Materials Costs Work-in-process, beginning inventory (1 June) 60 Transferred in during June 165 To account for 140 Completed and transferred out during June Work-in-process, ending inventory (30 June) Accounted for 85 Work done to date