Question: 2. (14 points) Munroe Falls LLC uses the weighted average method in its process costing system. Data for September for its 2nd department shown as

 2. (14 points) Munroe Falls LLC uses the weighted average method

2. (14 points) Munroe Falls LLC uses the weighted average method in its process costing system. Data for September for its 2nd department shown as below: Percent Completed Materials Conversion Units 1 90% 80% Work in process inventory, September 1 Work in process inventory, September 30 1 80% 70% Work in process inventory, September 1, Materials $95 Work in process inventory, September 1, Conversion $610 Cost added during September: Materials $(last 4 digit student ID) Cost added during September: Conversion $(last 5 digit student ID) During September, 60 units were completed and transferred to the next department. Required: (1) Compute the equivalent units of production for materials and conversion in the ending work in process inventory for the month. (2) Compute the cost per equivalent unit for materials, conversion, and in total for the month. (3) Compute the cost of ending work in process inventory for materials, conversion, and in total for the month. (4) Compute the cost of the units transferred to the next department for materials, conversion, and in total for the month

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