Started in November Completed in November and transferred out Ending work in process (554 complete) 550,000 500,000 111,000 Cost data for November show the following. s 33, 300 49,700 Beginning WIP inventory Direct materials costs Conversion costs Current period costs Direct materials costs Conversion costs $ 380,950 1,199,550 Required: a. Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted average method. b. Compute the cost per equivalent unit for materials and conversion costs for November Complete this question by entering your answers in the tabs below. Required A Required B Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted average method, Equivalent units A Required 3 > units is available for the month of November Beginning work in process (56% complete) Started in November Completed in November and transferred out Ending work in process (55% complete) 61,000 550,000 500,000 111,000 Cost data for November show the following Beginning WIP inventory Direct materials costs Conversion costs Current period costs Direct materials costs Conversion costs 33,300 49,700 $ 380,950 1,199,550 Required: a. Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted average meth b. Compute the cost per equivalent unit for materials and conversion costs for November Complete this question by entering your answers in the tabs below. Required A Required B Compute the cost per equivalent unit for materials and conversion costs for November. (Round your answers to 2 decimal places.) Cost Per Equivalent Units Materials Conversion costs Munoz Sporting Equipment manufactures baseball bats and tennis rackets. Department B produces the baseball bats, and Department T produces the tennis rackets. Munoz currently uses plantwide allocation to allocate its overhead to all products. Direct labor cost is the allocation base. The rate used is 100 percent of direct labor cost. Last year, revenue, materials, and direct labor were as follows. Sales revenue Direct labor Direct materials Baseball Bats Tennis Rackets $1,580,000 $1,125,000 320,000 160,000 564,000 293,000 Required: a. Compute the profit for each product using plantwide allocation b. Maria, the manager of Department T, was convinced that tennis rackets were really more profitable than baseball bats. She asked her colleague in accounting to break down the overhead costs for the two departments. She discovered that had department rates been used, Department B would have had a rate of 50 percent of direct labor cost and Department T would have had a rate of 200 percent of direct labor cost. Recompute the profits for each product using each department's allocation rate (based on direct labor cost). Answer is not complete. Profit Baseball Tennis Bats Rackets Using plantwide allocation $ 376,000 $ 512,000 Using department's allocation rate a b