View History Bookmarks Window Help A ezto.mheducation.com Student Portal h Hulu | Profiles Semester at Sea | Multi-C.. discovery+ | Stream 70,0.. D (884) Application work i Saved Help Exercise 16-13 (Algo) Weighted average: Process costing using a T-account LO P1 Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work in Process Inventory T-account for the Bending department is shown below. The 2,300 units in beginning work in process inventory had direct materials costs of $2,700 and conversion costs of $1,900. Also shown is unit data for the Bending department this period. Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 2, 300 100% 20% Units started this period 6, 300 Completed and transferred out 7,300 Ending work in process inventory 1, 300 100% 60% Work in Process Inventory-Bending ($) Debit Credit Beginning balance 4, 600 ? Transferred out Direct materials 6, 760 Direct labor Overhead 14, 260 Ending balance a. Compute equivalent units of production for both direct materials and conversion. b. Compute cost per equivalent unit of production for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. Complete this question by entering your answers in the tabs below. 5 SEP A 8 MacBook Pro Q @ % & 5 8 O AView History Bookmarks Window Help ezto.mheducation.com C Student Portal h Hulu | Profiles Semester at Sea | Multi-C... discovery+ | Stream 70,0... work i Saved c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in pr inventory . Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute equivalent units of production for both direct materials and conversion. Equivalent units of production: Weighted average Direct Materials Conversion Units Percent EUP Percent Complete EUP Complete Required A Required B > SEP 8 tv W MacBook Prodit View History Bookmarks Window Help Co ezto.mheducation.com Student Portal h Hulu | Profiles Semester at Sea | Multi-C... discovery+ | Stream 70,0.. mework i Saved c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute cost per equivalent unit of production for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) Cost per equivalent unit of production: Weighted average Direct Materials Conversion Costs of beginning work in process $ 2,300 Costs added this period Total costs Equivalent units of production Cost per equivalent unit of production 31 5 SEP 8 stv 4 W MacBook Pro QHelp dit View History Bookmarks Window ezto.mheducation.com C Semester at Sea | Multi-C... discovery+ | Stream 70,0... Student Portal h Hulu | Profiles nework i Saved c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in inventory. Complete this question by entering your answers in the tabs below. Required A Required B Required C Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Cost assignment-Weighted average EUP Cost per EUP Total cost Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for $ 0 31 SEP 8 stv 4 W MacBook Pro