Equivalent Units and Product Cost AssignmentWeighted Average Method

In its first month of operations (May 2019), Holland Companys Department 1 incurred charges of $72,000 for direct materials (9,000 units), $38,700 for direct labor, and $13,950 for manufacturing overhead. At month end, 7,500 units had been finished and transferred out. Those remaining were finished with respect to material but only 40% finished with respect to conversion.

Assuming Holland uses the weighted average method and that materials are added at the beginning of the process and conversion occurs evenly, compute the following:

1. The equivalent units for material and conversion.

2. The cost per equivalent unit for material and conversion.

3. The total cost assigned to the units transferred out.

4. The total cost assigned to the ending inventory.

5. Prove that your solutions to requirements (c) and (d) sum to the total costs to be accounted for.

Round average cost per equivalent unit to two decimal places, if applicable.

Round other answers to the nearest whole number, when appropriate.

I cannot figure out 3 of the answers they are labeled, But I dont know if you have to do all the work to figure out those 3.

Holland Company Department 1 Flow of Units and Equivalent Units Calculation
		Equivalent Units
		% Work done	Direct Materials	% Work Done	Conversion Costs
Complete/Transferred	Answer	Answer	Answer	Answer	Answer
Ending Inventory	Answer	Answer	Answer	Answer	Answer
Total	Answer	a.	Answer		Answer	a.

Product Cost Report
			Direct Materials		Conversion Costs
Beginning Inventory	Answer		Answer		Answer
Current	Answer		Answer		Answer
Total Costs to Account For	Answer		Answer		Answer
Total Equivalent Units			Answer		Answer
Average cost / Equivalent unit			Answer	b.	Answer	b.
Complete / Transferred:
Direct Materials	Answer
Conversion costs	Answer
Cost of Goods Manufactured	Answer	c.
Ending Inventory:
Direct Materials	I got this one wrong
Conversion costs	I got this one wrong
Cost of Ending Inventory	I got this one wrong	d.
Total Costs Allocated	Answer	e.