Exercises: 45 pts Save Excel SIM: Process Costing using the Weighted Average Method 1. Compute the equivalent units of production using the weighted age method 2. Compute the cost per equivalent unit using the weighted average method 3. Assign costs to units using the weighted average method 4. Prepare a cost reconciliation report 7 B. HOME Process Conting using the weighted Average Method PAGE LAYOUT FORMULAS DATA REVIEW FE INSERT VW Sign up Can Paste BTW Cicbeard fo Alignment Number Conditional formatas Call Cells Editing Formatting Table Styles Styles Hayward. Inc, es weighted average costing and has two departments - mixing AI >> E A B c D Hayword, Icuses weighted average costing and has two departments -mixing and packaging The following information relates to work in the mixing department for the month of July 3 Work in process, July 1 5 Units in process 300 0 Percent completed with respect to materials 60 7 Percent completed with respect to conversion # Cost in the beginning inventory 9 Materials cost S10.500 30 Conversion cout $6,750 11 Units started into production during the period 6.200 12 Costs added to production during the periode 13 Materials cost $332.150 14 Conversion cost 107.545