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Costs in beginning work in process for the Polishing Department were direct materials, 54,000; conversion costs, $6,000; and transferred in, $9,000. Costs added during the month: direct materials, $33,000; conversion costs, $48,000; and transferred in, $39,000. Required: 1. Assuming the use of the weighted average method, prepare a schedule of equivalent units. Enter percentages as whole numbers, Fordman Company Schedule of Equivalent Units For the month of December Direct Materials Conversion Costs Transferred in Ending WIP 2. Compute the unit cost for the month. If required, round your answer to the nearest per equivalent unit Fordman Company has a product that passes through two processes: Grinding and Polishing. During December, the Grinding Department transferred 20,000 unts to the Polishing Department. The cost of the units transferred into the second department was 540,000. Direct materials are added uniformly in the second process Units are measured the same way in both departments, The second department (Polishing) had the following physical How schedule for December Units to account for: Units, beginning work in process 4,000 (40% complete) Units started Total units to account for Units accounted for Units, ending work in process 0,000 (50% complete Units completed Units accounted for Costs In beginning work in process for the Polishing Department were direct materials, $4,000, conversion costs, 56,000; and transferred in, 19.000. Cores noded during thit month: direct materials, 533,000, conversion costs, 548,000; and transferred is, 339,000 Required: 1. Assuming the use of the weighted average method, prepare a schedule of equivalent units. Enter percentages us whole numbers Fordman Company Schedule of Equivalent Units For the month of December Direct Materials Conversion Costs Transferred in

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