Equivalent Units and Product Cost Report-Weighted Average Method The following data (and annotations) are for the work in process account of the first of Crocker Company's four departments used in manufacturing its only product for October. Work in Process-Department 1 Beginning balance (2,000 units, 70% complete) Direct material $12,400 Conversion costs 4,800 Transferred to department 2 (20,000 units) Direct material (21,000 units) (a) 126,000 Direct labor 72,600 Manufacturing overhead 24,150 Ending balance [(b) units, 25% complete] (c) Assuming that Crocker uses the weighted average method and that materials are added at the beginning of the process and conversion costs are incurred evenly throughout, solve for the three missing numbers. Round average cost per equivalent unit to four decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number. Crocker Company Department 1 Equivalent Units Calculations, October Equivalent Units % Work Conversion Complete/Transferred Ending Inventory b. Total % Work Direct done Materials % % Done Costs % % Product Cost Report Direct Conversion Materials Costs Beginning Inventory $ $ $ Current Total Costs to Account For $ $ $ + Total Equivalent Units Average cost/Equivalent unit (round four decimal places) $ $ Complete / Transferred: Direct Materials $ Conversion costs Cost of Goods Manufactured $ a. Ending Inventory: Direct Materials $ Conversion costs Cost of Ending Inventory $ C. $ Total Costs Allocated