Tomlinson corporation is a biotech company based in Milpitas. It makes a cancer- treatment drub in a single processing department. Direct maaterials are added ad the start of the process. Conversion costs are added evenly during the process. Tominson uses the weighted average method of process costing. The following information for july 2014 is available

Summarize Output in Physical Units and Compute Output in Equivalent Units;

FIFO Method of Process Costing, Tomlison Corporation for July 2014

Equivalent Units Physical Units 8,7002 34,500 32,000 11,200b Direct Materials 8,700 Conversion Costs 2,175 Work in process, July 1 Started during July Completed and transferred out during Juhy Work in process, July 31 32,000 11,200 32,000 7,840 "Degree of completion: direct materials, 100%, conversion costs, 25%. bDegree of completion: direct materials, 100%, conversion costs, 70%. Total Costs for July 2014 Work in process, beginning Direct materials S61,500 Conversion costs Direct materials added during July Conversion costs added during July Total costs to account for 43,200 $104,700 301,380 498,624 $904,704