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Tomlinson 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

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Tomlinson 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. Tomlinson uses the weighted-average method of process costing. The following information for July 2014 is available: 1 Calculate the cost per equivalent unit for for direct materials and converion costs 2 Summarize the total cost to account for, and assign them to units completed (and transferred out) and units to ending inventory

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