PROCESS COSTING P UNITS COMPLETED IN MAY UNITS ENDING INVENTORY IN WIP 100,000 20 80% COMP MATL 20% COMP CONVERSION umr_20 MATERIAL COSTS INCURRED DURING THE MONTH $ 464,000 CONVERSION COSTS INCURRED DURING THE MONTH 312,000 100,000 OPERATING EXPENSES USING THE WEIGHTED AVERAGE METHOD COMPUTE: A EQUIVALENT UNITS OF PRODUCTION FOR MATERIAL AND CONVERSION B UNIT COST FOR MATERIAL AND CONVERSION EUP C TOTAL COST FOR COMPLETED UNITS D COSTS FOR ENDING WORK IN PROCESS IF 40,000 UNITS ARE SOLD FOR $20/UNIT MAKE THE ENTRY FOR THE SALE E MAKE THE ENTRY FOR THE COST OF SALE PREPARE AN INCOME STATEMENT F WHAT IS THE ENDING COMPLETED GOODS BALANCE IN UNITS AND IN DOLLARS AFTER THE SALE G MAKE THE ENTRY FOR COST OF GOODS MANUFACTURED H WHAT IS THE TOTAL MANUFACTURING COST FOR MAY OH IS 60% OF DIRECT LABOR WHAT IS THE TOTAL PRIME COST WHAT IS THE TOTAL CONVERSION COST JOB ORDER COSTING PROBLEM STATUS AND TOTAL COSTS IN FOLLOWING JOBS TOTAL COSTS IN FOLLOWING JOBS@ END OF MONTH JOB 1005 JOB 1006 JOB 1007 JOB 1008 300,000 00,000 500,000 100,000 COMPLETED NOT SOLD COMPLETED AND SOLD COMPLETED NOT SOLD WIP WHAT IS THE BALANCE @ THE END OF THE MONTH FOR: WIP FINISHED GOODS COST OF GOODS SOLD