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on Help Presto Corporation makes interlocking children's blocks in a single processing department Direct materials are added at the start of production Conversion costs are added evenly throughout production Presto uses the weighted average method of process costing. The following information for October 2017 is available (Click the icon to view the equivalent unit information.) m (Click the icon to view the cost information) 1 Data Table Data Table $ Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, October 1 70,000 70,000 59.500 Started in October 80 000 Completed and transferred out during October 100.000 100.000 100.000 Work in process, October 31 50,000 50,000 25,000 Degree of completion direct materials, 100%, conversion costs, 85% Degree of completion direct materials, 100%, conversion costs 50% Total Costs for October 2017 Work in process, beginning Direct materials Conversion costs Direct materials added during October Conversion costs added during October 6,500 30.000 $ 36.500 40,000 100.000 Total costs to account for $ 176 500 Print Done Print Done Choose from any list or enter any number in the input fields and then continue to the next question Requirement 1. Summarize total costs to account for and calculate cost per equivalent unit for direct materials and conversion costs Begin by summarizing the total costs to account for Total Production Costs Direct Materials Conversion Costs Total costs to account for Now calculate cost per equivalent unit for direct materials and conversion costs. (Round the cost per equivalent unit amounts to the nearest cent) Direct Conversion Materials Costs Divide by Cost per equivalent unit Requirement 2. Assign total costs to units completed (and transferred out) and to units in ending work in process Total Direct Conversion Production Costs Materials Costs Completed and transferred out Work in process, ending Total costs accounted for Choose from any list or enter any number in the input fields and then continue to the next

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