17-24 Weighted-average method, assigning costs. Bio Doc Corporation is a biotech company based in Milpitas. It makes a cancer treatment drug in a single processing department. Direct materials are added at Conversion costs are added evenly during the process. Bio Doc uses the weighted- average method of process costing. The following information for July 2011 is available. Equivalent Units Physical Direct Conversion Units Materials Work in process, July 1 8,500 8,500 1,700 Started during July 35,000 Completed and transferred out during July 33,000 33,000 33,000 Work in process, July 31 10,500 10,500 6,300 "Degree of completion: direct materials, 100%, conversion costs, 20%. "Degree of completion direct materials, 100%, conversion costs, 60%. Total Costs for July 2008 Work in process, beginning Direct materials Conversion costs Direct materials added during July Conversion costs added during July Total costs to account for $63,100 45,510 $108,610 284,900 485,040 $878,550 Required 1. Calculate cost per equivalent unit for direct materials and conversion costs. 2. Summarize total costs to account for, and assign total costs to units completed (and transferred out and to units in ending work in process