average cost f the process and incurs conversion costs uniformly throughout the process. July, $190,000 of materials costs and $135,500 in conversion to the department. The beginning work in process inventory was $93,000 on July comprised of $80,000 of materials costs and $13,000 of conversion costa. low assumption. The department adds materia Is at the beginning of During costs were charged Other data for the month of July dre as follows Beginning work in process inventory, 7/1 Units completed and transferred out Ending work in process inventory, 7/31 (40% complete) 25,000 units 90,000 units 30,000 units (30% complete) Answer the following questions and show computations to support your answers. 1. How many physical units have to be accounted for in July? 2. What are the equivalent units of production for materials and for conversion costs for the month of July? 3. What is the total cost assigned to the 90,000 units that were transferred out of the process in July? 4. What is the total cost of the July 31 inventory? Ste Schedule of EUFP Sto Ste Unit Co ile Ste Production Cost Schedulo Materials