Exercise $3-13($Static$)$ Weighted average: Process costing using a T$-$account LO P$1$

Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work in Process Inventory T$-$account for the Bending department is shown below. The $2,000$ units in beginning work in process inventory had direct materials costs of $\backslash (\backslash$$ $2,400\backslash )$ and conversion costs of $\backslash (\backslash$$ $1,600\backslash ).$ Also shown is unit data for the Bending department this period.

a$.$ Compute equivalent units of production for both direct materials and conversion.

b$.$ Compute cost per equivalent unit of production for both direct materials and conversion.

c$.$ Assign costs to the department's output$-$specifically, to the units transferred out and to the units in ending work in process inventory.