Question Help Presto Corporation makes interlocking children's blocks in a single processing department Direct materials are added at the art of production. Conversion costs are added evenly throughout production. Prosto uses the weighted average method of process conting. The following information for October 2017 is available Click the loon to view the equivalent unit information) Click the icon to view the cost information) Rond the requirements Requirement 1. Summarize total costs to account for and calculate cost per equivalent unit for direct materials and conversion costs Begin by summarizing the total costs to account for Total Direct Conversion Production Costs Materials Costs Total cost to account for Now calculate cost per equivalent unit for direct materials and conversion costs. (Round the cost per equivalent unit amounts to the nearest cant) Direct Conversion Materials Costs Divide by Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Read the requirements. Now calculate cost per equivalent unit for direct materials and conversion costs. (Round the cost per equivalent unit amounts to the nearest cent.) Direct Conversion Costs Materials Divide by Cost per equivalent unit Requirement 2. Assign total costs to units completed (and transferred out) and to units in ending work in process. Total Direct Conversion Production Costs Materials Costs Completed and transferred out Work in process, ending Total costs accounted for Choose from any list or enter any number in the input fields and then continue to the next question, Save for Later Data Table Data Table Total Costs for October 2017 Work in process, beginning Direct materials vi $ 6,000 20,000 os $ Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, October 1 35,000 35,000 26,250 Started in October 40,000 Completed and transferred out during October 50,000 50,000 50,000 Work in process, October 31 25,000 25,000 12,500 "Degree of completion direct materials, 100%; conversion costs, 75% Degree of completion direct materials, 100%; conversion costs, 50% 26,000 30,000 3 Conversion costs Direct materials added during October Conversion costs added during October Total costs to account for 70,000 $ 126,000 or od Print Done Print Done ose from any list or enter any number in the input fields and then continue to the next question ave for Later