Qnara Corporation uses the weighted average method in its process costing system. Data concerning its second processing department for the month of July 2023 is as follows: Costs Beginning Work in

process Units started into productio חן Ending work in Units 10,000 120,000 Direct Materials 28,000 440,000 Conversion 35,920 500,000 4,000 process Beginning work in process was 100% complete with regard to direct materials and 90% complete with regard to conversion Ending work in process was 100% complete with regard to direct materials and 40% complete with regard to conversion REQUIRED: Calculate the equivalent cost per unit for conversion Answer for prompt 1 Calculate the equivalent cost per unit for conversion Prompt 2How many units were completed and transferred out? Answer for prompt 2 How many units were completed and transferred out? Prompt 3Calculate the equivalent units of production for direct materials Answer for prompt 3 Calculate the equivalent units of production for direct materials Prompt 4Calculate the equivalent units of production for conversion Answer for prompt 4 Calculate the equivalent units of production for conversion Prompt 5Calculate the equivalent cost per unit for materials Answer for prompt 5 Calculate the equivalent cost per unit for materials