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Requirement $1.$ Calculate the cost per equivalent unit for direct materials and conversion costs.

Enter the physical units first, and then calculate the equivalent units. $($Round your answers to the nearest whole unit. Enter an amount in each input cell.$)$

Required

Calculate the cost per equivalent unit for direct materials and conversion costs.

Summarize total costs to account for, and assign total costs to units

completed $($and transferred out$)$ and to units in ending work in process using

the standard$-$costing method.

Note that you first need to calculate the equivalent units of work done in the

current period $($for direct materials and conversion costs$)$ to complete beginning

work in process, to start and complete new units, and to produce ending work in

process.

Compute the total direct materials and conversion costs variances for July.