Refer to the following information about the Assembly Department in the Honey Bee Factory for the month of July. Honey Bee Factory uses the weighted average method of inventory costing. 6,000 units 80% 30% Beginning Work in Process inventory: Physical units (completed in July) % complete for materials % complete for conversion (labor and overhead) Materials Cost from June Conversion cost from June Products started and completed in July: Physical Units Ending Work in Process Inventory: Physical Units % complete for materials $8,125 $6,540 30,000 units 7,000 units 70% LAR 70cmpicLTON WAS 1070 % complete for conversion 40% Manufacturing costs incurred for July: Materials $84,690 Conversion $101,810 1. Compute equivalent units for direct materials and conversion costs: EUP for DM units, EUP for conversion units. 2. Compute cost per equivalent units for direct materials and conversion costs: Cost per EUP for DM $ Cost per EUP for conversion costs $ ***round to the nearest cent*** 3. Compute the total cost of units completed and transferred out to finished goods during July. Total costs assigned to units completed and transferred out $ ***Be sure to use your answers from part 2." 4. Compute total cost of the ending Work in Process Inventory. Direct material cost assigned to ending WIP $ conversion costs assigned to ending WIP $ and therefore total costs assigned to units completed and transferred out $ ***Be sure to use your answers from part 2. 4. Compute total cost of the ending Work in Process Inventory. Direct material cost assigned to ending WIF $ conversion costs assigned to ending WIP $ , and therefore total costs assigned to ending WIP $ ***Be sure to use per unit cost from part 2.***