. TC Corporation is a biotech company based in Milpitas. It makes a cancer-treatment drug in a single processing department. Direct materials are added at the start of the process. Conversion costs are added evenly during the process. Bio Doc uses the weightedaverage method of process costing. The following information for July 2011 is available.

	Physical Units	Equivalent Units
Work in process, July 1	8500 a	8500	1700
Started during July	35000
Completed and transferred out during July	33000	33000	33000
Work in process, July 31	10500 b	10500	6300

1. Degree of completion: direct materials, 100%; conversion costs, 20%.
2. Degree of completion: direct materials, 100%; conversion costs, 60%.

Total cost for July:

Work in process, beginning
Direct materials	63100
Conversion costs	45510	108610
Direct materials added during July		284900
Conversion costs added during July		485040
Total costs to account for		878550

Required: Under FIFO METHOD-

i. Calculate cost per equivalent unit for direct materials and conversion costs.

ii. Summarize total costs to account for, and assign total costs to units completed (and transferred out) and to units in ending work in process.