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Not sure how to begin the weighted method with the following information.

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I need help with the layout and calculating the 5 steps of process costing using the weighted average method.

The details are as follows:
Production occurs in three departments- spinning, molding and testing. Materials and conversion costs are added throughout all three processes. The table represents units and cost flows:

Testing department- materials conversion
Beg. units 1,200,000..................75% (material)............55% (conv.)
started 5,000,000
total to acct. 6,200,000
Transfer to F.G. 5,800,000
Ending units 400,000.................. 80% (material).........65% (conv.)

Testing department
beg. Inv. ........................................$248,000 (material)......$80,000 (conv) $328,000 (total)
Added in month................................$2,320,000 (mat.)........580,000 (conv,) $2,900,000 (total)

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Solution Summary

The expert examines the weighted method fir the following information. The five steps of process costing using the weighted average method is examined.

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Weighted average method
Statement of equivalent production 2. Calculation of equivalent units
1. Analysis of physical flow of units MATERIAL conversion costs
IN OUT % COMPLETE EQUIVALENT UNITS % COMPLETE EQUIVALENT UNITS
OPENING WORK IN PROGRESS 1200000 COMPLETED PRODUCTION 5800000 100% 5800000 100% 5800000
UNITS INTRODUCED 5000000 CLOSING WORK IN ...

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