The following data (and annotations) are for Nelson Company's processing department work-in-process account for the month of September 2019: Beginning inventory (1,500 units, 70% complete) Direct materials $22,000 Conversion costs 10,000 Current period Direct materials (6,000 units) 50,000 Direct labor 41,000 Manufacturing overhead applied 65,440 Nelson uses the weighted average method. Materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Ending work-in-process is composed of 1,000 units, 50% complete. Compute the following: a. Equivalent units for direct materials and conversion. 6. Cost per equivalent unit for direct materials and conversion. c. Total cost assigned to the units transferred out. Equivalent Units % Work Direct % Work Conversion Where do the units come from? Where do the units go? Done? Materials Done? Costs Beginning Inventory Complete/Transferred Started Ending Inventory 9 96 Total Total Product Cost Report Direct Conversion Where do the costs come from? Materials Costs Beginning Inventory $ $ Current Total Costs to Account For $ + Total Equivalent Units Average cost / Equivalent unit $ b. $ b. Where do the costs go? Complete / Transferred: Direct Materials $ Conversion costs Costs of Goods Manufactured $ Ending Inventory: Direct Materials $ Conversion costs Cost of Ending Inventory Total Costs Allocated a. $ $