1. Department W's WIP Inventory had 6,700 units at the beginning of the period (50% complete for conversion costs), 22,400 units were completed during the period; and 8,000 units were in ending WIP Inventory at the end of the period (25% complete for conversion costs). All materials are added at the beginning of the process. The following Direct Materials (DM) costs were in the department's work in process inventory account during the period: Work in procesDM cest, beginning period 10,000 puect Materials (M) Cost added during period 253,000 Work in process DM Cost, end of period 582360 a) Calculate equivalent units for direct materials cost for the period. b) Calculate direct materials cost per equivalent unit for the period (round to nearest S0.00). 2.30,000 units of a product were manufactured. Cost of goods sold for the sale of 27,000 of those units was $3,220,000. Factory Overhead cost for the 27,000 sold units was $22 per unit, and Factory Overhead cost was applied at a rate of 30.0% (0.30) of Direct Labor Cost Calculate the total Conversion Cost applied to the 27,000 sold units of this product. 3. Schaefer Corp.'s cost accountant thinks that machine hours are the best activity base for applying its factory overhead cost. Schaefer used 708 machine hours for Job # 61 and applied $13,098 of factory overhead cost to the job. Job #61 is the only job in work in process inventory. The expected machine hours for the year totaled 24,000 machine hours. At the end of the accounting period, the factory overhead account had an over- applied (credit) balance of $230. a) Calculate Schaefer's Predetermined Factory Overhead Rate. b) Calculate Schaefer's actual factory overhead cost incurred during the accounting period