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Closet Company had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $19,700. Work in Process Inventory Beginning balance @ 12/1: 360 units, 10% Completed 1,020 units and transferred them completed $ 23,000 to finished goods inventory $ 200,126 Direct materials 71,000 Direct labor 47,000 Overhead Property taxes 13,000 Depreciation 44,000 Utilities 28,000 Indirect labor 11,000 Ending balance @ 12/31: 390 units, 20% completed $ 36,874 Cost per equivalent unit for materials under the FIFO method is calculated to be (rounded): Multiple Choice O $68.120. O $63.426. O $134.652. O $78.850. O $67.619.Goodheart Pharmaceutical Company is a maker of drugs for high blood pressure and uses a process costing system. The following information pertains to the final department of Goodheart's blockbuster drug called Solcax. Beginning workinprocess (40% completed) 950 units Transferredin 4,600 units Normal spoilage 430 units Abnormal spoilage 230 units Good units transferred out 4,200 units Ending workinprocess (1/3 completed) 690 units Conversion costs in beginning inventory $ 5,225 Current conversion costs $ 7,500 Goodheart calculates separate costs ofspoilage by computing both normal and abnormal spoiled units. Normal spoilage costs are reallocated to good units and abnormal spoilage costs are charged as a loss. The units of Solcax that are spoiled are the result of defects not discovered before inspection of finished units. Materials are added at the beginning of the process. Using the weightedaverage method, answer the following question: What are the total conversion costs transferred to finished goods? Multiple Choice O $11,375. O $9,725. O $11,575. O $12,575. O $10,500.Clothing has two service departments purchasing and maintenance, and two production departments fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below: TO FROM Purchasing Maintenance Fabrication Assembly Purchasing 0% 50% 35% 15% Maintenance 30% 0% 45% 25% The direct operating costs of the departments (including both variable and fixed costs) were as follows: Purchasing $ 111,000 Maintenance 33 , 000 Fabrication 87 , 000 Assembly 63 , 000 The total cost accumulated in the assembly department using the step method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar): Multiple Choice O $182,743. O $177,293. O $111,257. O $117,957. O $123,707.Fans Company has two service departments product design and engineering support, and two production departments assembly and finishing. The distribution of each service department's efforts to the other departments is shown below: SERVICES PROVIDED TO SERVICE DEPARTMENT Design Support Assembly Finishing Product Design 0% 10% 30% 60% Engineering Support 20% 0% 45% 35% The direct operating costs of the departments (including both variable and fixed costs) were as follows: Product Design $ 100,000 Engineering Support $ 200,000 Assembly $ 540,000 Finishing $ 820,000 The total cost accumulated in the assembly department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar): \fHook Bait Incorporated processes king salmon for various distributors. Two departments are involved processing and packaging. Data relating to tons of king salmon processed in the processing department during June 2020 are provided below: Tons of King Percent Completed Salmon Materials Conversion Workinprocess inventory June 1 2,200 95 83 Workinprocess inventory June 30 3,500 59 38 Started processing during June 8,500 Total equivalent units for materials under the FIFO method are calculated to be: Multiple Choice 0000 7,329 equivalent units. 8,530 equivalent units. 8,399 equivalent units. 7,175 equivalent units. 9,265 equivalent units. Clothing Company has two service departments purchasing and maintenance, and two production departments fabrication and assembly. The distribution of each service department's efforts to the other departments is shown below: TO FROM Purchasing Maintenance Fabrication Assembly Purchasing 0% 50% 40% 10% Maintenance 50% 0% 35% 15% The direct operating costs of the departments (including both variable and fixed costs) were as follows: Purchasing $ 135,000 Maintenance 57 , 000 Fabrication 111,000 Assembly 87, 000 The total cost accumulated in the fabrication department using the direct method is (calculate all ratios and percentages to 4 decimal places, for example 333333%, and round all dollar amounts to the nearest whole dollar):