W E17-29 (similar to) Question Help Preston Corporation makes interlocking children's blocks in a single processing department Direct materials are added at the start of production. Conversion costs are added evenly throughout production. Preston uses the weighted average method of process costing. The following information for October 2017 is available. (Click the icon to view the equivalent unit information.) (Click the icon to view the cost information.) Read the requirements. Costs added in current period 165,000 65,000 100,000 Total costs to account for $ 193,500 $ 73,500 $ 120,000 Now calculate cost per equivalent unit for direct materials and conversion costs. (Round the cost per equivalent unit amounts to the nearest cent.) Conversion Direct Materials 73500 Costs Costs incurred to date 120000 Divide by equivalent units of work done to date Cost per equivalent unit Choose from any list or enter any number in the input fields and then click Check Answer Ion Corporation makes interlocking children's blocks in a single processing department Direct materials a d at the start of production. Conversion costs are added evenly throughout production. Preston uses the hted mateso mathad of pracace.cactina The following information for October 2017 in musilable CH Data Table X fost mal ItH Es ca ca ald Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, October 1 60,000 60,000 48,000 Started in October 90,000 Completed and transferred out during October 50,000 50,000 50,000 Work in process, October 31 100,0000 100,000 50,000 Degree of completion direct materials, 100%; conversion costs, 80%. Degree of completion: direct materials, 100%; conversion costs, 50% pe Print Done e from any list or enter any number in the input fields and then click Check Answer. CA 17-29 (similar to) Question Help 10 Corporation makes interlocking children's blocks in a single processing department Direct material the start of production. Conversion costs are added evenly throughout production. Preston uses th -average ailable. ck the icon - X * Data Table o view the c Ton.) e requireme dded in cu Total Costs for October 2017 100,000 sts to acco Work in process, beginning Direct materials 120,000 $ culate cost hat unit and 8,500 20,000 $ st per 28,500 Conversion costs Direct materials added during October Conversion costs added during October 65,000 100,000 curred to a Total costs to account for $ 193,500 equiva equivalen Print Done com any list or enter any number in the input fields and then click Check