Show me the steps to solve BigSmoker Incorporated produces hardwood pellets for barbecue aficionados. BigSmoker uses the weighted$-$average method of

process costing. All direct materials are assumed to be added at the beginning of the period, while conversion costs are added

uniformly throughout production. BigSmoker had $20,000$ units in beginning work$-$in$-$process inventory on February $1.$ During February,

production was started on an additional $320,000$ units. Ending work$-$in$-$process $($EWIP$)$ at the end of February was $40,000$ units.

Management estimates that beginning work$-$in$-$process inventory was $100$ percent complete for direct materials and $25$ percent

complete for conversion costs. Ending work$-$in$-$process inventory was estimated to be $100$ percent complete for direct materials and

$75\%$ complete for conversion costs.

Costs incurred during January for February's beginning work$-$in$-$process $($BWIP$)$ units totaled $$120,000$ for direct materials and

$$50,000$ for conversion costs.

During February, production costs included $$2,200,000$ in direct materials and $$1,500,000$ for conversion costs.

Required:

Answer is complete but not entirely correct.