1. Calculate the cost per equivalent unit for direct materials and conversion costs.

2. Summarize the total cost to account for, and assign them to units completed (and transferred out) and to units in ending work in process.

biotech company based 17-24 Weighted-average method, assigning costs. Tomlinson Corporation is a biotech company ba in Milpitas. It makes a cancer-treatment drug in a single processing department. Direct materials are ad at the start of the process. Conversion costs are added evenly during the process. Tomlinson us weighted-average method of process costing. The following information for July 2014 is available. processing department. Direct materials are ado ed to Exercise on June 1 ar (instead of $I Equivalent Units Do Exercise in the curren ning work in Physical Units 8,700a 34,500 32,000 11,200b Direct Materials 8,700 Conversion Costs 2,175 Work in process, July 1 Started during July Completed and transferred out during July Work in process, July 31 17-28 0p The compan packaging. B in liquid for cartons, ane 32,000 11,200 32,000 Purex utes to mix on the num the packag the praduct The bu as failowS "Degree of completion: direct materials, 100%, conversion costs, 25%. "Degree of completion: direct materials, 100%; conversion costs, 7096. Total Costs for July 2014 Work in process, beginning Direct materials Conversion costs $61,500 3200 $104,700 Direct materials added during July Conversion costs added during Julty Total costs to account for 301,380 498,624 $904,704