Required information

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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, $0$ctober $1,60,000$ units

Direct materials: $70\%$ complete $55,110$ yuan

Conversion: $35\%$ complete $55,565$ yuan

Costs incurred during $0$ctober

Direct materials $811,010$ yuan

Conversion $1,011,435$ yuan

During October, $200,000$ units were completed and transferred out. At the end of the month, $40,000$ units $($direct

materials $90\%$ and conversion $50\%$ complete$)$ remain in Work$-$in$-$Process Inventory.

Required:

Calculate each of the following amounts using weighted$-$average process costing.

Equivalent units of direct materials and conversion.

Costs per equivalent unit for direct materials and conversion.

Cost of goods completed and transferred out during October.

Cost of the Work$-$in$-$Process Inventory at October $31.$

$($Round "WTAVG Cost per EU$"$ answers to $2$ decimal places.$)$