3. Esty Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were? carve lemuel oniwoll [4-108] downWin meetinget alnemhisgab pnieceogig ow Cost Percent Complete Materials costs ........... $5,800 50% XXX 18902019 ni HOW (A Conversion costs ....... $6,500 30% olddays'1 copeW bnis ashelse XXX benagxa aspeW bas eshaise A total of 7,700 units were started and 6,600 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs ........... $85,300 XXX Conversion costs ....... $168,000 XXX oldsys espeW bris eshales (@ XXX 209019 me how The ending inventory was 70% complete with respect to materials and 10% complete with respect to conversion costs. The cost per equivalent unit for materials for the month in the first processing department is closest to: A) $10.76 B) $10.04 C) $10.72 D) $11.49 enollesup selfdixon gunswank jot oldst luiglot! HINTS Equivalent units - ending physical units = beginning physical units + physical units started - physical units transferred out - solve for ending physical units as units out is given - focus only on materials Cost to be accounted for = cost in beginning inventory (see first table - ignore percentages, $ is what matters) + cost added (see second table) Cost per EU = cost/equivalent units