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 2014 is available: 1 Calculate the cost per equivalent unit for for direct materials and converion costs 2 Summarize the total cost to account for, and assign them to units completed (and transferred out) and units to ending inventory Solution The answers have already been calculated and they are correct..