AB C D Exercise 9-Your Co. uses process costing to account for production costs. Direct labor is added evenly throughout the process and direct materials is added at the beginning of the process. During June, the assembly department transferred 105 units to finished goods. Beginning WIP inventory was 10 units with $50 direct materials and $100 direct labor. Ending WIP inventory consists of 20 units that are 60% complete with respect to labor. $500 direct materials were incurred in June and $1070 direct labor costs were also incurred Overhead is applied at 200% of direct labor cost. Complete the process cost summary below given this information. Equivalent Units of Prodection (EUP) Direct Materials Manufacturing Direct Labor Overhead Units completed and transferred out Units of Ending Work in Process 105,0 105.0 105,0 DM DL MO 20,0 105,0 3 4 Equivalent units of production (EUP) 5 6 Costs Per Equivalent Unit Direct Materials Direct Labor Manufacturing Overhead 7 3 20 Costs: 21 Cost of beginning work in process 22 23 Costs added to production during period Total costs 24 Equivalent units of production (EUP) 25 Cost per EUP (round 2 decimals") 26 27 28 29 Costs of Ending Work in Process larcatory & Usits Transferred Out 30 31 Direct Direct 32 Ending Work in Process Inventory: Materials Labor Manufacturing Overhead Total 33 Equivalent units of production (EUP) 34 Cost per equivalent unit of production 35 Cost of ending work in proceso investory 36 37 Units Completed and Transferred Out: 08 Units transferred to next department 39 Cost per equivalent unit of production 40 Cost of units completed and transferred out 41 42 43 Cost Reconciliation 44. Costs to be accousted for: 45 Cost of beginning WIP inventory 46 Costs added to production during period 47 Total cost to be accounted for 48 Costs accounted for as follows: 43 Cost of coding WIP inventory 50 Cost of units transferred out 51 Total cost accounted for 52