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Question 2 Not complete Marked out of 5.00 P Flag question Equivalent Units and Product Cost Report-weighted Average Method The following data (and annotations) are

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Question 2 Not complete Marked out of 5.00 P Flag question Equivalent Units and Product Cost Report-weighted Average Method The following data (and annotations) are for the work-in-process account of the first of Johnson Company's four departments used in manufacturing its only product for October of 2019 Work in Process Department 1 Beginning balance 0.000 units, 70% completely Direct material 515,500 Conversion costs 9.600 Transferred to department 2 (20,000 units) Direct material 1,000 units) 157.000 Direct labor Manufacturing overhead 48,135 Ending balance units. 25 complete ca) 145,200 Assuming that Johnson uses the weighted average method and that materials are added at the beginning of the process and conversion costs are incurred evenly throughout solve for the three missing numbersRound average cost per equivalent unit to two decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number, Conversion Cente Johnson Company Department 1 Equivalent Units Calculations, October 2013 Equivalent Units Direct Dene Complete/transferred Leding entry To dene Equivalent Units Calculations, October 2019 Equivalent Units % Work done 96 Direct Materials % Work Done Conversion Costs % Complete/Transferred Ending Inventory b. Total 96 % Product Cost Report Direct Materials $ Conversion Costs $ $ $ 5 $ $ $ Beginning Inventory Current Total Costs to Account For + Total Equivalent Units Average cost / Equivalent unit (round 2 decimal places) Complete / Transferred: Direct Materials Conversion costs Cost of Goods Manufactured Ending Inventory Direct Materials Conversion costs Cost of Ending Inventory Total Costs Allocated $ $ $ $ Check

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