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Required information The following information applies to the questions displayed below.) Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At

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Required information The following information applies to the questions displayed below.) Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 2,700 units in Inventory, 70% complete as to materials. During the month, the molding department started 21,500 units. At the end of the month, the molding department had 4,050 units in ending inventory 80% complete as to materials. Units completed in the molding department are transferred into the packaging department. Cost Information for the molding department for the month follows: Beginning work in process inventory (direct materials) Direct materials added during the month $1,900 34,900 Using the weighted average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (Round "cost per equivalent unit of production to 2 decimal places.) Answer is complete but not entirely correct. Direct Materials 22,985 0.06 Equivalent units of production Cost per equivalent unit of production s Answer is complete but not entirely correct. Weighted-Average Method Direct Materials Costs of units transferred out Direct materials 1,900 Costs of ending work in process Direct materials - 34,900 Total costs assigned $ 36,800

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