United Clinical Laboratories is a medical laboratory located in Minnesota. United Clinical Laboratories uses the weighted average method in its process costing system. For the month of August, the following data are available for one department: Percent Completed Materials Conversion 95% 55% 65% 47% Units 46,000 34,000 Work in process, August 1 Work in process, August 31 The department started 397,000 units into production during the month and transferred 409,000 completed units to the next department Required: Compute the equivalent units of production for August. Materials Conversion Equivalent units of production Precision Corporation is a manufacturer located in the northeast United States and uses a process costing system. Precision Corporation uses the weighted average method. Information for the Design Department for October follows: Work in process, October 1 Cost added during October Equivalent units of production Materials $ 23,500 $ 142,600 2,000 Labor $ 37,791 $ 25,194 1,900 Overhead $ 183,654 $ 122,436 1,800 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unit Brokia Electronics manufactures various types of cell phones and uses process costing. For the current month, information concerning the Finishing Department appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,110 $ 14.76 Conversion 840 $ 4.63 A total of 20,100 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total. (Round your final answers to the nearest whole dollar amount.) Materials Conversion Total 1. Cost of ending work in process inventory 2. Cost of units transferred out