Required information

$[$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.

During October, $200,000$ units were completed and transferred out. At the end of the month, $30,000$ 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.

$1.$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.$)$