PROCESS coSTING PRACTICE PROBLEMIGLOSSY LIPS ups produces aip balm used for cold weather sports. The balmis manufactured in a single processing depanment Note the following information for the Lip Balm Department for September. No lip balm was in process on August 31 Glossy Lips started production on 20,000 lp bam tubes during September Direct materials are added at the beginningofte production process Conversion costs are incurredevenly throughout the process Completed production for September totaled 15,000 units The remaining p balm in production was 30% the way through the production process Work In Process-Lip Balm Beginning Balance 5,800 Direct Materials Cost of Goods 3,400 Direct Labor Mg. Overhead Ending Balance Requirement 1: Compute the total equivalent units for September STEP 2: STEP 1: Direct Materials Conversion Costs MANAGERIALACCOUNTING SY LI