Part 2 - Process Costing The candy making department at WONKA provides you with the following information for August. All direct materials are placed in process at the beginning of production The facts are Beginning WIP Purchases Incurred Allocated Completed Ending WIP Aug. 1 WIP 5,000 units (50% complete) Aug, 31DM 312,000 units Aug, 31DL Aug, 31 FO Aug, 31305,000 units Aug. 31 Unfinished units are 20% complete $40,000 $1,000,000 $200,000 $100,000 REQUIRED: Use the weighted average process cost method to identify and classify the costs below: the Determine the equivalent units of productions fo costs t materials cost per equivalent unit 4. Determine conversion cost per equivalent unit. Cost of units started and completed during Augu Part 2 - Process Costing The candy making department at WONKA provides you with the following information for August. All direct materials are placed in process at the beginning of production The facts are Beginning WIP Purchases Incurred Allocated Completed Ending WIP Aug. 1 WIP 5,000 units (50% complete) Aug, 31DM 312,000 units Aug, 31DL Aug, 31 FO Aug, 31305,000 units Aug. 31 Unfinished units are 20% complete $40,000 $1,000,000 $200,000 $100,000 REQUIRED: Use the weighted average process cost method to identify and classify the costs below: the Determine the equivalent units of productions fo costs t materials cost per equivalent unit 4. Determine conversion cost per equivalent unit. Cost of units started and completed during Augu