Question 4 Partially correct Mark 1.67 out of 3.75 Flag question Equivalent Units and Product cost Report-Weighted Average Method The following data (and annotations) are for Joyner Company's processing department work-in-process account for the month of June 2019: Beginning inventory (700 units, 40% complete) Direct materials Conversion costs. Current period $11,620 31,768 Direct materials (5,000 units) Direct labor Manufacturing overhead applied 140,000 238,400 151,200 Joyner uses the weighted average method. Materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Ending wor units, 70% complete. Compute the following: a. Equivalent units for materials and conversion, b. Cost per equivalent unit for materials and conversion. c Total cost assigned to the units transferred out. Equivalent Units % Work Direct Material % Work Conversion Costy