I need help with this question for requirements 1 and 2.

3. The Riddler Company manufactures electric drills. Material is introduced at the beginning of the process in the assembly department. Conversion costs are applied uniformly throughout the process. As the process is completed, goods are immediately transferred to the finishing department. Data for the assembly department for the month of July 20x1 follow. (Click the loon to view the data.) Requirements 1. Compute the total cost of goods transferred out of the assembly department during July 2. Compute the total costs of the ending work in process. Prepare a production cost report or a similar orderly tabulation of your work. Assume weighted average product costing. Requirements 1 and 2. Compute the total cost of goods transferred out of the assembly department during July. Compute the total costs of the ending work in process. Assume weighted average product costing. Begin by computing the equivalent units. Equivalent Units Physical Direct Flow of Production Units Materials Conversion Work in process, June 30, 20X1 Started in July 20X1 Units to account for Completed and transferred out Work in process, July 31, 20X1 Units accounted for ac Work done to date Next, summarize the total costs to account for Direct Total Costs Conversion Costs Materials (1) (2) Total costs to account for Now compute the units costs for July. Assume weighted average product costing (Round to the nearest cent.) Total Direct Costs Materials Conversion (3) Divide by (4) Unit costs Finally, assign total costs to units completed (and transferred out) and to units in ending work in process. Total Costs Direct Materials Conversion Completed and transferred out Work in process, ending Total costs accounted for An i Data Table Work in process, June 30: $100,000 (consisting of $75,000 materials and $25,000 conversion costs); 100% completed for direct materials, but only 35% completed for conversion costs Units started during July Units completed during July Work in process, July 31: 100% completed for direct materials, but only 30% completed for conversion costs Direct materials added during July Conversion costs added during July 6,000 units 65,000 units 21,000 units 50,000 units $ 741,500 $ 227,000 Print Done (1) O Completed and transferred out Costs added in current period Equivalent units of work done to date Work in process, beginning Work in process, ending 2) Work in process, beginning Work in process, ending Completed and transferred out Costs added in current period Equivalent units of work done to date 3) Work in process, ending O Completed and transferred out O Costs to account for O Equivalent units of work done to date O Work in process, ending (4) O O Completed and transferred out Costs to account for Equivalent units of work done to date