P3.6 (LO 3, 4), AP Hamilton Processing Company uses the weighted-average method and manufactures a single product-an industrial carpet shampoo used by many universities. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the Mixing and Cooking Department is as follows. Beginning work in process is 100% complete for direct materials and 70% complete for conversion costs. Ending work in process is 60% complete for direct materials and 40% complete for conversion costs. Hamilton Processing Company Mixing and Cooking Department Production Cost Report For the Month Ended October 31, 2022 Equivalent Units Quantities Physical Units Materials Conversion Costs Units to be accounted for Work in process, October 1 (100% materials, 70% conversion costs) 20,000 Started into production 150,000 Total units to be accounted for 170,000 Units accounted for Completed and transferred out 120,000 ? ? Work in process, October 31 (60% materials, 40% conversion costs) 50,000 ? Total units accounted for 170,000 ? - 1-1 3 . THE ? = Costs Unit costs Materials Conversion Costs Total Total cost $240,000 $105,000 $345,000 Equivalent units ? ? Unit costs S ? $ ? Costs to be accounted for Work in process, October 1 $ 30,000 Started into production 315,000 Total costs to be accounted for $345,000 Costs accounted for Completed and transferred out $ ? Work in process, October 31 Materials $ ? Conversion costs ? Total costs accounted for $ ? Instructions a. Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Units accounted for" equivalent units section shown in the production cost report, and compute October unit costs. a. Materials $ 1.60 b. Complete the production cost report for October 2022. b. Completed and transferred out $282,000 Ending WIP $ 63,000