Question 1: Weighted-average method, assigning costs Brainblocks Ltd makes interlocking children's blocks in a single processing department. Direct materials are added at the start of production. Conversion costs are added evenly throughout production. Brainblocks uses the weighted-average method of process costing. The following information for March 2021 is available. Equivalent units Physical units Direct materials Conversion costs Work in process, 1 March 12 000a 12 000 9 600 Started in March 48 000 Completed and transferred out 55 000 55 000 55 000 During March Work in process, 31 March 5 000b 5 000 1 500 a Degree of completion: direct materials, 100%; conversion costs, 80%. b Degree of completion: direct materials, 100%; conversion costs, 30%. Total costs for March 2021 Work in process, beginning Direct materials $5 760 Conversion costs 14 825 $20 585 Direct materials added during March 25 440 Conversion costs added during March Total costs to account for 58 625 $104 650 Required 1. Calculate the cost per equivalent unit for direct materials and conversion costs. 2. Summaries the total costs to account for, and assign them to units completed (and transferred out) and to units in ending work in process.