Process Costing Report - Weighted Average method Campo Company Physical Equivalent Units Materials Conversion Equis Costs Eg units 90 000 1.020 000 1 110.000 Flow of units Units to be accounted for Beginning WIP inventory Units started this period Total units to account for Units accounted for Completed and transformed out Units in ending inventory Materials Conversion costs Total units accounted for 960.000 960.000 900 000 150 000 150 000 60.000 1020 000 1.110 000 1110 000 Total Duet Materials Conversion Costs Flow of costs Costs to be accounted for Costs in beginning WIP Inventory Current period costs Total costs to be accounted for Cost per equivalent unit Materials Conversion costs units) $ 146,300 $35 670 $110.000 1.929.700 408 330 1521370 $2.076.000 $464.000 $1,632.000 $0.40 $ 160 Instructions: Based on the report above, answer the following 5 questions. Be sure to number your responses according to the question. 1. How many units within the work in process phase of inventory were carried over from the last period and will continue to be worked on during the current period? 2. Given the information, how was the accounting department able to determine that 960,000 units were transferred out? 3. The equivalent units for materials are the same as the units left in ending inventory. Why is that so? 4. How was the $1.60 for each converted unit calculated? 5. Considering both the materials cost per unit and the conversion cost per unit, what is the total cost per unit for this period with consideration to units partially completed