3. (2 points) Sarah Company uses the weighted average method in its process costing system. The company's ending work in process inventory consists of 5,000 units, 80% complete with respect to materials and 50% complete with respect to labor and overhead. If the total dollar value of the ending inventory is $60,000 and the cost per equivalent unit for labor and overhead is $8.00, the cost per equivalent unit for materials must be: A. $5.00 B. $10.00 C. $8.00 D. $4.00 4. (2 points) Ryan Company uses the weighted average method in its process costing system. Operating data for the first processing department for the month of June appear below: Units Percent Complete with respect to Conversion 90% Beginning work in process inventory...... Started into production during June.......... Ending work in process inventory ............. 11,000 58,000 17,000 10% According to the company's records, the conversion cost in beginning work in process inventory was $79,893 at the beginning of June. Additional conversion costs of $343,830 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) A. $8.070 B. $7.891 C. $5.928 D. $4.584 5. (2 points) Liz Corporation uses the weighted average method in its process costing system. The Fitting Department is the second department in its production process. The data below summarize the department's operations in March. Units Percent Complete with Respect to Conversion 9,400 20% 45,000 Beginning work in process inventory.... Transferred in from the prior department during March.... Ending work in process inventory ............. 4,600 90% The Fitting Department's cost per equivalent unit for conversion cost for March was $2.64. How much conversion cost was assigned to the units transferred out of the Fitting Department during March? A. $118,800.00 B.$131,472.00 C. $126,508.80 D. $143,616,00