The T. L. Lin Company manufactures a variety of natural fabrics for the clothing industry in a suburb of Shanghai. The following data in Chinese currency called yuan (CNY) pertain to the month of October. Work-in-Process Inventory, October 1 50, 000 units Direct materials: 60% complete 65, 880 yuan Conversion: 30% complete 67, 480 yuan Costs incurred during October Direct materials 976, 520 yuan Conversion 1, 061, 120 yuan During October, 200,000 units were completed and transferred out. At the end of the month, 40,000 units (direct materials 80% and conversion 50% complete) remain in Work-in-Process Inventory. Required: Calculate each of the following amounts using weighted-average process costing. 1. Equivalent units of direct materials and conversion. 2. Costs per equivalent unit for direct materials and conversion. 3. Cost of goods completed and transferred out during October. 4. Cost of the Work-in-Process Inventory at October 31. (Round "WTAVG Cost per EU" answers to 2 decimal places.) 1 . Equivalent units: Direct materials Conversion 2. Costs per equivalent unit: Direct materials CNY Conversion CNY Total CNY 3. Cost of goods completed and transferred out CNY 4. Cost of work-in-process 10/31: Direct materials CNY Conversion CNY Total CNY