WIP begil 50 ABC manufacturer of poster stands. Every stand passes through two departments: 1 & 2 Weighted Average Method Started d 510 the assembly department and the finishing department. This problem focuses Physical Equivalent Units on the assembly department. Units Direct Mat Conv Costs Total to a 560 The process-costing system a single direct-cost category (direct materials) WIP beginning (given) 50 and a single indirect-cost category (conversion costs). Started during period (given) 510 Completed & Transferred Direct materials are added at the beginning of production. From Beginning WIP Conversion costs are added evenly during the assembly department's process Total to account for 560 Started and Completed WIP Ending Physical Direct Conversion Completed & Transferred 450 450 450 Units Materials Costs WIP Ending (100%,15%) 110 110 18 Accounted For EU EU Work in process, July la 50 $ 3,060 $ 312 Started during July 2017 510 Accounted For / Equivalent Units 560 560 EU 468 EU Total Completed during July 2017 450 Production Work in process, July 30b 110 Total Costs Direct Mat Conv Costs Total costs added during July 2017 $35.700 $23,088 Production WIP begil 3,372 3,060 312 a Degree of completion: direct materials, 100%; conversion costs, 40%. Costs Direct Mat Conv Costs Costs add 58,788 35,700 23,088 b Degree of completion: direct materials, 100%; conversion costs, 15% WIP beginning (given) 3,372 3,060 312 Total Cos 62,160 38,760 23,400 Costs added during period (given) 58,788 35,700 23,088 Required: Total Cost to account for 62,160 38,760 23,400 Assuming ABC uses a Weighted Average Method of process costing: 1. Calculate the Cost per EU 2. Assign the costs to units completed (and transferred out) and to units in ending work in process. Cost per Equivalent Units /per EU Assuming ABC uses a Weighted Average Method of process costing: 3. Calculate the Eus 4. Calculate the Cost per EU