Compute the equivalent units for the materials and conversion cost calculations. Required Information

Exercise $8-41$ & $8-42($Algo$)($LO $8-2,3)$

$[$The following information applles to the questions displayed below.$]$

Annin Laboratorles uses the weighted$-$average method to account for its work$-$In$-$process inventorles. The accounting

records show the following information for February:Direct materials $ $$26,053$

Conversion costs $8,455$

Current period costs

Direct materials $156,347$

Conversion costs $79,865$Quantity information is obtained from the manufacturing records and includes the following:Current period units started

$6,000$

units

$(\}40\%\backslash$mathrm$\{$ complete as to materials, $15\%$ complete as to conversion$)$

Ending inventoryExercise $8-41($Algo$)$ Compute Costs per Equivalent Unit: Weighted$-$Average Method $($LO $8-3)$

Required:

a$.$ Compute the equivalent units for the materlals and conversion cost calculations.

b$.$ Compute the cost per equivalent unit for direct materlals and conversion costs.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required B

Compute the equivalent units for the materials and conversion cost calculations. Required Information

Exercise $8-41$ & $8-42($Algo$)($LO $8-2,3)$

$[$The following information applles to the questions displayed below.$]$

Annin Laboratorles uses the weighted$-$average method to account for its work$-$in$-$process inventorles. The accounting

records show the following information for February:Direct materials $ $$26,053$

Conversion costs $8,455$

Current period costs

Direct materials $156,347$

Conversion costs $79,865$Quantity Information is obtained from the manufacturing records and includes the following:Current period units started

$6,000$

units

$(40\%$ complete as to materials, $15\%$ complete as to conversion$)$

$45,100$ units

Ending inventory

$22,000$

units

$(75\%$ complete as to materials, $35\%$ complete as to conversion$)$Exercise $8-41($Algo$)$ Compute Costs per Equivalent Unit: Weighted$-$Average Method $($LO $8-3)$

Required:

a$.$ Compute the equivalent units for the materials and conversion cost calculations.

b$.$ Compute the cost per equivalent unit for direct materlals and conversion costs.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

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

Note: Round your answers to $2$ decimal places.

Compute the cost per equivalent unit for direct materials and conversion costs