Required information 4 [The following information applies to the questions displayed below.] The T. L. Lin Company manufactures a variety of natural fabrics for the clothing industry in a suburb of Shanghai. The following data in Chinese currency called yuan (CNY) pertain to the month of October. Work-in-Process Inventory, October 1 Direct materials: 60% complete Conversion: 30% complete Costs incurred during October Direct materials Conversion 40,000 units 55,090 yuan 69,805 yuan 826,190 yuan 778,595 yuan During October, 200,000 units were completed and transferred out. At the end of the month, 20,000 units (direct materials 80% and conversion 50% complete) remain in Work-in-Process 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 Work-in-Process Inventory at October 31. (Round "WTAVG Cost per EU" answers to 2 decimal places.)