Question 3 (10 points) Hanon Company uses the weighted-average method in its process costing system. The Curing Department of Hanon Company reported the following information for the month of November: Units Conversion percentage complete Work in process, November 1 20,000 80% Units started 30,000 Completed and transferred out 40,000 Work in process, November 30 18,000 30% Costs for November: Work in process, November Added during the month Required: Materials Conversion 1 $34,500 $48,600 $146,000 $194,400 All materials are added at the beginning of the process. Compute the following items for the company's monthly production report using the weighted-average method: a) The equivalent units (EUs) of production for materials. b) The cost per equivalent unit for conversion.

Question 3 (10 points) Hanon Company uses the weighted-average method in its process costing system. The Curing Department of Hanon Company reported the following information for the month of November: All materials are added at the beginning of the process. Required: Compute the following items for the company's monthly production report using the weighted-average method: a) The equivalent units (EUs) of production for materials. b) The cost per equivalent unit for conversion