Weighted-average method, assigning costs. Bio Doc 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. Bio Doc uses the weightedaverage method of process costing. The following information for July 2011 is available.

Required1. Calculate cost per equivalent unit for direct materials and conversion costs.2. Summarize total costs to account for, and assign total costs to units completed (and transferred out) and to units in ending work inprocess.

Equivalent Units Conversion Physical Units Direct Materials Costs Work in process, July 1 Started during July Completed and transferred out during July Work in process, July 31 Degree of completion: direct materials, 100%; conversion costs, 20%. "Degree of completion: direct materials, 100%; conversion costs, 60%. 8,500 1,700 8,500a 35,000 33,000 33,000 33,000 10,500 10,500 6,300 Total Costs for July 2008 Work in process, beginning Direct materials $63,100 Conversion costs $108,610 45,510 Direct materials added during July Conversion costs added during July 284,900 485,040 $878,550 Total costs to account for