Based on customer interest in February, Santana expands her computer workstation furniture business to include mass...

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Based on customer interest in February, Santana expands her computer workstation furniture business to include mass production of standardized desks and chairs. She uses the weighted average method of process costing for these products. Desks are made in three processes: Cutting, Finishing, and Packaging. Information below is for the Cutting process for desks for February. Cutting process-Desks Beginning work in process inventory Units started this period Units completed and transferred to Finishing Ending work in process inventory (100% complete for direct materials, 80% complete for conversion) Costs added this month Direct materials Conversion Required: Cost $ 35,150 6,510 1. Compute equivalent units of production for both direct materials and conversion for February. 2. Compute cost per equivalent unit for both direct materials and conversion for February. 3. Assign costs to units transferred out to Finishing and to units in ending work in process inventory. Units 0 95 85 10 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute equivalent units of production for both direct materials and conversion for February. Total units Required 1 Required 2 Required 3 Direct Materials Conversion Units Percent Complete EUP Percent Complete EUP < Required 1 Required 2 > Compute cost per equivalent unit for both direct materials and conversion for February. Cost per Equivalent Unit of Production Direct Materials Conversion Total costs + Equivalent units of production Cost per equivalent unit of production < Required 1 Required 3 > Required 1 Required 2 Required 3 Assign costs to units transferred out to Finishing and to units in ending work in process inventory. Weighted-average method EUP Cost assignment-Weighted average Cost per EUP Total Cost Completed and transferred out Direct materials Conversion Total costs transferred out Ending work in process Direct materials Conversion Total costs accounted for Based on customer interest in February, Santana expands her computer workstation furniture business to include mass production of standardized desks and chairs. She uses the weighted average method of process costing for these products. Desks are made in three processes: Cutting, Finishing, and Packaging. Information below is for the Cutting process for desks for February. Cutting process-Desks Beginning work in process inventory Units started this period Units completed and transferred to Finishing Ending work in process inventory (100% complete for direct materials, 80% complete for conversion) Costs added this month Direct materials Conversion Required: Cost $ 35,150 6,510 1. Compute equivalent units of production for both direct materials and conversion for February. 2. Compute cost per equivalent unit for both direct materials and conversion for February. 3. Assign costs to units transferred out to Finishing and to units in ending work in process inventory. Units 0 95 85 10 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute equivalent units of production for both direct materials and conversion for February. Total units Required 1 Required 2 Required 3 Direct Materials Conversion Units Percent Complete EUP Percent Complete EUP < Required 1 Required 2 > Compute cost per equivalent unit for both direct materials and conversion for February. Cost per Equivalent Unit of Production Direct Materials Conversion Total costs + Equivalent units of production Cost per equivalent unit of production < Required 1 Required 3 > Required 1 Required 2 Required 3 Assign costs to units transferred out to Finishing and to units in ending work in process inventory. Weighted-average method EUP Cost assignment-Weighted average Cost per EUP Total Cost Completed and transferred out Direct materials Conversion Total costs transferred out Ending work in process Direct materials Conversion Total costs accounted for