13. (8 points) OToole Company manufactures Tool T in a two-stage production cycle, Departments A...
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13. (8 points) OToole Company manufactures Tool T in a two-stage production cycle, Departments A and B. Information pertaining to Department B is as follows:
| Department B: | Units | Transferred In Costs | Material Costs | Conversion Costs |
| Beginning Work-in-Process (WIP) | 5,000 | $12,000 | $ 4,000 | $ 7,750 |
| Started During the Current Period | 180,000 | $358,000 | $ 162,500 | $ 246,350 |
| Ending Work-in-Process (WIP) | 7,000 |
Direct materials are added at the beginning of the process in Department B. The beginning WIP was 40% complete as to conversion, while the ending WIP was 50% completed for conversion purposes. OToole uses the Weighted Average method of process costing. a. For Department B, calculate the cost per equivalent unit for each cost category; Transferred In, Materials, Conversion.
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