Hamilton Processing Company uses a weighted-average process costing system and manufactures a single product'a premium rug shampoo and cleaner. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the mixing and cooking department is shown below.

Instructions
(a) Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Units accounted for" equivalent units section shown in the production cost report, and compute October unit costs.
(b) Complete the "Cost Reconciliation Schedule" part of the production cost reportbelow.

HAMILTON PROCESSING COMPANY Mixing and Cooking Department Production Cost Report For the Month Ended October 31 Equivalent Units Physical Units Conversion Costs Quantities Units to be accounted for Materials Work in process, October 1 (all materials, 70% conversion costs) Started into production 20,000 150,000 170,000 Total units Units accounted for Transferred out 120,000 Work in process, October 31 (60% materials, 40% conversion costs) Total units accounted for 50,000 170,000 Costs Unit costs Conversion Costs $105,000 Materials Total $345,000 Costs in October Equivalent units Unit costs 240,000 Costs to be a for Work in process, October 1 Started into production 30,000 315,000 $345,000 Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, October 31 Materials Conversion costs Total costs