Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows.

	Units	Direct Materials	Conversion
		Percent Complete	Percent Complete
Beginning work in process inventory	76,000	100%	80%
Units started this period	914,000
Units completed and transferred out	785,000
Ending work in process inventory	205,000	100%	80%

Beginning work in process inventory
Direct materials	$ 450,450
Conversion	213,525	$ 663,975
Costs added this period
Direct materials	3,014,550
Conversion	4,056,975	7,071,525
Total costs to account for		$ 7,735,500

3. Assign costs to the departments outputspecifically, to the units transferred out and to the units in ending work in process inventory.

Note: Round "Cost per EUP" to 2 decimal places

Cost assignmentWeighted average
Completed and transferred out	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Ending work in process
Direct materials
Conversion
Total costs accounted for