Weighted Average Beginning Inventory Units Started Total Physical Units Test Corp. has the following information related to its production of socks. It has two process: construction and assembly. Fill in the production information for the given information. Use the template to determine the costs for materials and coversion using the weighted average method for process costing Calculation of Equivalent Units Direct Materials Finished and transferred Conversion Tempo begins the construction process with 11,000 units in beginning inventory that each have $20 costs in materials (45% complete) and $9 (55% complete) costs in conversion. Tempo begins with 121,000 units, starts and completes 80,000 units during the period, and completes 103,000 units in total. The ending inventory units are 50% complete in materials and 60% complete in conversion. Tempo incurrs costs of $2,550,000 in materials and $800,000 in conversion during the period. Remaining in Construction Total Equivalent Units Tracking of Costs Direct Materials Conversion Beginning Costs Plus: Costs Incurred in Process Costs per Cost Area TOTAL COST Calculation of Cost per Equivalent Unit Direct Materials Conversion Total Cost per Category Equivalent Units Cost per Equivalent Unit