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Hi-T Company uses the weighted average method of process costing. Information for the company's first production process follows. All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process. Beginning work in process inventory Completed and transferred out Ending work in process inventory Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Units 2,000 23,000 7,000 $ 45,000 56,320 Required A Required B Required C 375,000 341,000 Direct Materials Conversion Percent Complete 80% Percent Complete 100% 100% Units $ 101,320 716,000 $ 817,320 a. Compute the equivalent units of production for both direct materials and conversion. b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. Complete this question by entering your answers in the tabs below. Compute the equivalent units of production for both direct materials and conversion. Equivalent Units of Production: Weighted average 40% Direct Materials Percent Complete EUP Conversion Percent Completa EUP

Hi-T Compary uses the weighted average method of process costing. Information for the company's first production process follows. All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process. a. Compute the equivalent units of production for both direct materias and conversion b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the deportment's output-specifically, to the units transferted put and to the units in ending work in process inventery Complete this question by entering your answers in the tabs below. Compute the equivalent unis of production for both direct materias and conversicen. H.T Company uses the weighted twersge method of process costing indormation for the compatys first pcoduction process folows. Af diect materials are added at the beginning of ths proeess, and copverson cacts are added uniformily throughout ohe process. a. Compuse the equivalerf units of production for bett direct manerais and conversion. b. Compute the cost per equvalent uns for both abect materials and convevion e. Assign costs to the departmenrs osiput-specificalys to the ungs fransfered out and to the ints in ending work in arocess Comptete this question by entering pour antwers in the tabs below

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