Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Units Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory 76,000 100% 80% Units started this period 905,000 Units completed and transferred out 800,000 Ending work in process inventory 181,000 100% 50% Beginning work in process inventory Direct materials $ 510,120 Conversion 89,050 $ 599,170 Costs added this period Direct materials 3,413,880 Conversion 1,691,950 5,105,830 Total costs to account for $ 5,705,000 3. Assign costs to the department’s output—specifically, to the units transferred out and to the units in ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places.

Managerial Accounting
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Chapter3: Process Cost Systems
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Problem 5E: The Converting Department of Worley Company had 2,400 units in work in process at the beginning of...
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Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Units Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory 76,000 100% 80% Units started this period 905,000 Units completed and transferred out 800,000 Ending work in process inventory 181,000 100% 50% Beginning work in process inventory Direct materials $ 510,120 Conversion 89,050 $ 599,170 Costs added this period Direct materials 3,413,880 Conversion 1,691,950 5,105,830 Total costs to account for $ 5,705,000 3. Assign costs to the department’s output—specifically, to the units transferred out and to the units in ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places.
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