Process Costing Weighted Average Method 0. 0. Total Physical Units Direct Material Conversion Step 1-Equavalent Unit Calculation OVHD BB Wip Processed into WIP this Period Completed and gone this period (No Calculation) EB WIP (Total * %) Total Units Accounted For (gone +EB)(Line 9+10) 6000 5940 56 Step 2-Accounting for Costs Total Costs 6,119.00 $ 3,920.00 118,621.00 81,130.00 124,740.00S 85,050.00 BB WIP Costs in for Period 199,751.00 Total (Line 14+15) S 209,790.00 Step 3- Cost per Equavalent Unit Total Costs to be Accounted For (Line 16) Total Equavalent Units to be accounted for (Line 11 Cost per Equavelent Unit (Line 19/Line 20) 124,740.00 85,050.00 5940 Step 4 Assign Costs Costs Assigned to WIP Inventory (ne 21 ine 10) S Total Costs Accounted For (Must Match total of Line 16) Journal Entry Wip Department 8 P Department A What is the EB for WIP Total Units? What is the EB for WIP Direct Material and Conversion Cost (Labor and OVHD)? 1. 2. What is cost (S) for BB WIP? 3. What is the cost per equivalent unit for Direct Material? 4. What is the cost per equivalent unit for Conversion Cost 5. What is the costs (3 of them) assigned to Completed Units (Total, DM &Conversion)? 6. What is the costs (2 of them) assigned to WIP Inventory (Dir Mat and Conversion)