Smith Electronic Company's chip$-$mounting production department had $300$ units of

unfinished product, each $50\%$ completed on September $30.$ During October of the

same year, this department put another $800$ units into production and completed

$900$ units and transferred them to the next production department. At the end of

October, $200$ units of unfinished product, $70\%$ completed, were recorded in the

ending Work$-$in$-$Process Inventory. Smith Electronic introduces all direct materials

when the production process is $50\%$ complete. Direct labor and factory overhead

$($i$.$e$.,$ conversion$)$ costs are added uniformly throughout the process.

Following is a summary of production costs incurred during October:

Required:

Calculate each of the following amounts using weighted$-$average process costing:

a$.$ Equivalent units of direct materials and conversion.

b$.$ Equivalent unit costs of direct materials and conversion.

c$.$ Cost of goods completed and transferred out during the period.

d$.$ Cost of Work$-$in$-$Process Inventory at the end of the period.

Repeat requirement $1$ using the FIFO method.

Complete this question by entering your answers in the tabs below.

Repeat requirement $1$ using the FIFO method. $($Round "Cost per equivalent unit" answers