D B Carpenter Corporation uses the weighted-average method in its process costing system. The following data applies to this month in the first processing department NM 4 Percentage Complete 3 Conversion Units Materials Costs 5 600 60% 55% Beginning work-in-process inventory 6 Started into production during May 7,800 7 Completed during May 7,100 8 Ending work-in-process inventory 1,300 85% 70% 9 10 The costs were as follows: 11 Materials Conversion 12 Beginning work-in-process inventory $5,200 $8,500 13 Costs added during May $94,901 $170,123 14 15 16 Part 1: Calculate the equivalent units of production for materials and conversion costs. (3 marks) 17 18 Equivalent Units 19 Material Conversion 20 21 22 Total equivalent units 23 25 Part 2: Calculate the cost per equivalent unit for materials. (2 marks) 1 16 Part 1: Calculate the equivalent units of production for materials and conversion costs. (3 marks) 18 19 20 Equivalent Units Material Conversion 21 22 Total equivalent units 23 24 25 Part 2: Calculate the cost per equivalent unit for materials. (2 marks) 26 27 28 29 30 Cost per equivalent unit for materials 31 32 Part 3: Calculate the cost per equivalent unit for conversion costs. (2 marks) 33 34 35 36 Equivalent units 37 Cost per equivalent unit conversion costs 38 39 Part 4: Calculate the total cost of the units in ending work-in-process inventory. (3 marks) 40 B 28 Cost per equivalent unit for materials 29 30 31 32 33 34 Part 3: Calculate the cost per equivalent unit for conversion costs. (2 marks) 35 36 Equivalent units 37 Cost per equivalent unit conversion costs 38 39 Part 4: Calculate the total cost of the units in ending work-in-process inventory. (3 marks) 40 41 42 43 Total cost of units completed and transferred out 51