Req u irecl information n {The foiiowing information appiies to the questions dispiayed beiowj The T. L. Lin Company manufactures a variety of natural fabrics for the clothing industry in a suburb of Shanghai. The following data in lChinese currency called yuan [CNY] pertain to the month of October. NorkinProcess Inventory, October 1 58,660 units Direct materials: 50% complete 55,680 yuan Conversion: 25% complete 55,?55 yuan Costs incurred during October Direct materials 848,960 yuan Conversion 1,681, 585 yuan During October, 200,000 units were completed and transferred out. At the end of the month, 30,000 units {direct materials 60% and conversion 50% complete} remain in WorkinProcess Inventory. Required: Calculate each of the following amounts using weighted-average process costing. 1. Equivalent units of direct materials and conversion. 2. Costs per equivalent unit for direct materials and conversion. 3. Cost of goods completed and transferred out during October. 4. Cost of the WorkinProcess Inventory at October 31. [Round "WTAVG Cost per EU" answers to 2 decimal places} 1. Equivalent units: Direct materials Conversion 2. Costs per equivalent unit: Direct materials Conversion Total 3. Cost of goods completed and transferred out 4. Cost of workinprocess 1Di31: Direct materials Conversion