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 WorkinProcess Inventory, October 1 60,000 units Direct materials: 70% complete 55,110 yuan Conversion: 35% complete 55,565 yuan Costs incurred during October 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 ofthe 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.)