(similar tal 0 Reference ho nt: vyoooo 170,000 wwwwww 85,000 ar Plus: Ending work in process, January 31 Total physical units accounted for Total equivalent units 170,000 1,670,000 er 1,670,000 1,585,000 20 Direct Conversion Materials Costs 87,100 $ 89,700 1,800,000 576,000 $ Total Costs to Account for and Cost per Equivalent Unit Beginning work in process Plus: Costs added during January Total costs to account for Divided by: Total equivalent units Cost per equivalent unit 1,887,100 1,670,000 1.13 $ 665,700 1,585,000 0.42 Direct Conversion Materials Costs Total Assignment of total costs: Completed and transferred out: ny Print Done i Data Table $ 1.55 Cost per EU transferred in from Churning Department Cost per Direct Materials EU Cost per Conversion Costs EU 0.11 $ 0.13 Print Done X i Requirements 1. What is the total cost, from start to finish, of producing one pound of butter during January? 2. If the company sells all 1,500,000 pounds of the butter made in January, at a selling price of $2.30 per pound, what is the total gross profit for the month? Print Done