Courses Services@StFX ITS Website StFX Website StFX Microsoft 365 My wur VALI VURU WAT VOLUTO umu) URLAUI + ELAU Fine Fans mass-produces small electric fans in Hawley Beach for home use. All direct materials are added at the beginning of production, and conversion costs are incurred evenly throughout production. The following production information is for the month of October: Started in October Completed in October Ending WIP (60% complete) Beginning WIP (20% complete) Physical units 100 000 94 000 15 000 9000 Costs Beginning work in process costs: Direct materials Conversion costs Costs added this period: Direct materials Conversion costs $ 18 000 36 000 100 000 200 000 Required: Calculate the equivalent cost per unit using the weighted average method. (9 points) (b) What are some limitations that should be considered by an organization using process costing? (3 points) (a)