Question: 1. (15 points) Bachelet Inc. uses the weighted average method in its process costing system. The following data concern the operations of the company's first

1. (15 points) Bachelet Inc. uses the weighted average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Please Show work as well, thank you. Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials cost $ Conversion cost $ 500 80% 30% 854 4,320 Units started into production during the month Units completed and transferred out 12,000 11,000 Costs added to production during the month: Materials cost Conversion cost $ 30,100 $ 402,127 Work in process, ending: Units in process Percent complete with respect to materials Percent complete with respect to conversion 1,500 60% 20% Required: Using the weighted average method: a. Determine the equivalent units of production for materials and conversion costs. b. Determine the cost per equivalent unit for materials and conversion costs. c. Determine the cost of units transferred out of the department during the month. d. Determine the cost of ending work in process inventory in the department. e. Construct a cost reconciliation report for the department for the month of June
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