Review the preliminary data, then scroll down and click in the boxed areas. A pick list will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choices to complete the "calculations of cost per equivalent unit." Correct selections will turn the boxed areas green. The following assumptions should be used in completing this lab: (1) Weighted-average method. (2) Ending work in process was 80% complete with respect to material. (3) Ending work in process was 50% complete with respect to conversion. (4) The "unit reconciliation" has been correctly prepared. (5) Total costs are as indicated. UNIT RECONCILIATION: Beginning Work in Process Started into Production Total Units into Production Transferred to Next Department Ending Work in Process Total Units Reconciled Cost Per Equivalent Unit: Beginning Work in Process Started into Production Total Cost Equivalent Units Cost Per Equivalent Unit: Quantity Schedule 200,000 400,000 600,000 500,000 100,000 600,000 Total Cost 748,000 1,600,000 2,348,000 500,000 Direct Materials Direct Labor 80,000 580,000 375,000 785,000 1,160,000 Equivalent Units Calculations: ? ? 500,000 Direct Materials Direct Labor 50,000 550,000 300,000 690,000 990,000 Conversion ? ? Factory Overhead 500,000 50,000 550,000 Conversion Factory Overhead 73,000 125,000 198,000 ? ?

1. What is the total Conversion Cost per Equivalent Unit?

2. Equivalent Units or Material is calculated by 500,000 units Transferred Next Department plus......Units of Ending Work in Process times 80% complete with respect to the material. 

3. Equivalent Units for Direct Labor is calculated by 500,000 units Transferred to Next Department plus ...... Units of Ending work in Process multiply by 50% complete with respect to the direct labor.

4.