Weighted Average Method Redan Corporation is a diversified manufacurer of paper products. The company uses the weighted average method in its process costing system. The paper mi the first process, Pulping is shown below for the month of September: Production Data: Data Tons in process, Sept 1: materials 100% complete; conversion 90% complete 87,000 Tons started into production during September 430,000 Tons completed and transferred out Tons in process, Sept 30; material 80% complete; cd 47,000 20% complete Cost Data: Work in process inventory, September 1 Materials cost Conversion cost Cost added during September Materials cost Conversion cost $133,600 $64,200 $680,540 $339,190 Complete the following analysis: 1. Compute the equivalent units of production for materials and conversion for September. 2. Compute the cost per equivalent unit for materials and conversion for September. 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for September. 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for September. 5. Prepare a cost reconciliation report for September