5 6 1 Information: 2 3 Units: 4 Beginning Work-in-Process Ending Work-in-Process Units started during the period 7 8 Percentage completion: 50,000 65,000 200,000 Materials Conversion 9 10 11 12 Beginning Work-in-Process Ending Work-in-Process 35% 60% 25% 30% 13 14 Costs: Materials Conversion 15 Beginning Work-in-Process $ 16 Costs added during the period $ 13,183 $ 560,000 $ 144,817 225,000 17 18 19 20 21 22 23 24 25 26 27 28 29 1 Compute the number of units completed and transferred out to Finished Goods (1 point) 2 Compute equivalent units of production for materials and for conversion costs (1 point) Materials Conversion Units completed Ending WIP Total 3 Compute the costs per equivalent unit for materials and for conversion costs (1 point) Materials Conversion 4 Assign costs to units completed and transferred to Finished Goods and to units in ending work-in-process (1 point) Units completed and transferred to Finished Goods Ending work-in-process 5 Complete the Cost Reconciliation Report as indicated below (1 point) Costs to be accounted for Cost of beginning WIP Costs added during the period Total Costs to be accounted for Costs accounted for Cost of ending WIP Cost of units transferred out Total costs accounted for