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 Direct Materials Beginning work-in-process Costs added in October Total costs Conversion Costs $ 3,125 6,000 $9,125 $8,700 $8,700 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 1. Summarize your answers from Requirement 1 using weighted average process costing: Equivalent units of direct materials and conversion. b. Equivalent unit costs of direct materials and conversion. (Round intermediate calculations to two decimal places.) C. Cost of goods completed and transferred out during the period. (Round intermediate calculations to two decimal places.) d. Cost of Work-in-Process Inventory the end of the period. (Round intermediate calculations to two decimal places.) Show less a. Equivalent units Direct Materials Conversion 1,100 890 $ 7.91 $ 6.74 $ 7,119 $ 1,348 b. Equivalent unit costs Cost of goods completed and transferred out d. Cost of ending work-in-process