Q.2 Following are production data for a process costing system. Beginning work in process, 30% complete 12,000 units Costs: Started Ending work in process, 70% complete 90,000 units 8,000 units Beginning work in process: Direct Materials $ 28,800 Conversion costs 5,220 Materials used during the period 216,000 Conversion costs incurred during the period139,200 a. Compute EUP for DM and CC if DM costs are incurred evenly throughout production. b. Using the weighted average, prepare a process costing report. c. Write out the journal entries for the costs incurred and the work performed this period under the weighted average method. Q.2 Following are production data for a process costing system. Beginning work in process, 30% complete 12,000 units Costs: Started Ending work in process, 70% complete 90,000 units 8,000 units Beginning work in process: Direct Materials $ 28,800 Conversion costs 5,220 Materials used during the period 216,000 Conversion costs incurred during the period139,200 a. Compute EUP for DM and CC if DM costs are incurred evenly throughout production. b. Using the weighted average, prepare a process costing report. c. Write out the journal entries for the costs incurred and the work performed this period under the weighted average method