Smith Electronics Company's chip mounting production department had 300 units of unfinished product, each 40% complete on 09/30. During October, this department put another 900 units into production and completed 1,000 units transferring them to the next production department. 10/31, 200 units of unfinished product existed, 70% completed, were recorded in ending WIP inventory. Smith Electronic introduces all direct materials when the cost production process is 50% complete. Direct labor & factory overhead (i.e., conversion costs) are added uniformly throughout the process.

The following is a summary of the production costs incurred during October

	Direct Materials	Conversion Costs
Beginning WIP		2202
Current Costs	9600	6120
	9600	8322
		17922

Calculate each of the following amounts using weighted average processing costing

a). Equivalent units of direct materials and conversion

b). unit costs of direct materials and conversion

c). costs of goods completed and transferred out during the period

d). Cost of EIP inventory at the end of the period

2). Prepare a production cost report for October using the weighted average method.