Q:1 ZanyBrainy Corporation makes interlocking children’s blocks in a single processing department. Direct materials are added at the start of production. Conversion costs are added evenly throughout production. ZanyBrainy uses the weighted-average method of process costing. The following information for October 2017 is available.

Equivalent Units
Physical Units Direct Materials Conversion Costs
Work in process, October 1 12,000a 12,000  9,600
Started in October 48,000
Completed and transferred out during October 55,000 55,000 55,000
Work in process, October 31 5,000b  5,000  1,500
aDegree of completion: direct materials, 100%; conversion costs, 80%.
bDegree of completion: direct materials, 100%; conversion costs, 30%.

Total Costs for October 2017
Work in process, beginning
 Direct materials $ 5,760
 Conversion costs 14,825 $ 20,585
Direct materials added during October 25,440
Conversion costs added during October 58,625
Total costs to account for $104,650

Required: Using weighted average method.
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.