Tomlinson 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. tomlinson uses the weighted-average method of process costing. the following information for july 2018 is available. equivalent units physical units direct materials conversion costs work in process, july 1 8,700 8,700 2,175 started during july 34,500 completed and transferred out during july 32,000 32,000 32,000 work in process, july 31 11,200 11,200 7,840 total costs for july 2018 work in process, beginning direct materials $61,500 conversion costs 43,200 $104,700 direct materials added during july 301,380 conversion costs added during july 498,624 total costs to account for $904,704

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

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below. a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below. a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02