Weighted$-$average method, assigning costs. Tomlinson Corporation is a biotech company based in Milpitas. It makes a cancer$-$treatment drug in a single processing department. Direct materials are added at the start of the process. Conversion costs are added evenly during the process. Tomlinson uses the weighted$-$average method of process costing. The following information for July $2020$ is available.

Equivalent Units

Physical Units

Work in process, July $1$ Started during July

Completed and transferred out during July Work in process, July $31$

a Degree of completion: direct materials, $100\%$; conversion costs, $25\%.$ b Degree of completion: direct materials, $100\%$; conversion costs, $70\%.$

Total Costs for July $2020$ Work in process, beginning Direct materials Conversion costs

Direct materials added during July Conversion costs added during July

Total costs to account for

$$61,50043,200$

$$104,700301,380498,624$

$$904,704$

$1.$ Calculate the cost per equivalent unit for direct materials and conversion costs. $2.$ Summarize the total costs to account for and assign them to units completed $($and transferred out$)$ and to units in ending work in process.