18-29. WEIGHTED-AVERAGE METHOD, ASSIGNING COSTS. ZanyBrainy Corporation makes interlocking children's blocks in a single processing department. Direct materials are added at the start of production. Conversion costs are added evenly throughout production. ZanyBrainy uses the weighted-average method of process costing. The following information for October 2020 is available.

Equivalent Units

Physical Units Direct Materials Conversion Costs

Work in process, October 1 12,000a 12,000 9,600

Started in October 48,000

Completed and transferred out during October 55,000 55,000 55,000

Work in process, October 31 5,000b 5,000 1,500

a Degree of completion: direct materials, 100%; conversion costs, 80%. b Degree of completion: direct materials, 100%; conversion costs, 30%.

A table shows total costs for ZanyBrainy Corporation for October 2020

The table depicts total costs for ZanyBrainy Corporation for October 2020. The details of the table are as follows:

1. Work in process, beginning

Direct materials: 5,760 dollars

Conversion costs: 14,825 dollars

Total: 20,585 dollars

2. Direct materials added during October: 25,440

3. Conversion costs added during October: 58,625

4. Total costs to account for: 104,650 dollars

Required

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

2. Summarize total costs to account for and assign them to units completed (and transferred out) and to units in ending work-in-process inventory.