Master Kong uses the weighted-average method for its process costing. The Work in Process T-account for the Mixing Department for the month of June is as follows: Work in Process-Mixing Department $ 28,000 Transferred to Finishing 189,000 96,500 102, 500 Balance, June 1 Direct materials Direct labor Overhead Ending inventory, June 30 Beginning work in process inventory totaled 9,000 units, with $18,000 in direct materials and $10,000 in conversion cost. The inventory was 80% completed with respect to materials and 60% completed with respect to conversion. During the month, 24,000 units were started into production. The ending work in process inventory consisted of 8,200 units that were 90% completed with respect to materials and 50% completed with respect to conversion. Requirements 1. How are manufacturing costs assigned to the product in process costing? 2. Compute the units that were completed and transferred to finished goods during the period. 3. Compute the equivalent units of production for both direct materials and conversion. 4. Compute the total cost of direct materials and conversion cost. 5. Compute the cost per equivalent unit for direct materials and conversion. 6. Compute the cost of units transferred out. 7. Prepare the journal entry to record the transfer of costs from work in process to the next department.