7. Maddock Inc. uses a process cost accounting system for its paper mill. The cost incurred for production last week in its rolling department was: $18,000 for direct materials, $ 12,000 for direct labor, and $4,000 of factory overhead applied. Equivalent units for direct materials cost are 5,000, and equivalent units for conversion costs are 4,800. a) Calculate Direct Materials cost per equivalent unit (round to $0.00). b) Calculate Conversion cost per equivalent unit (round to $0.00). 8. On January 1, 2019, Heisenberg Industries' partially completed jobs cost $48,000. At year end on December 31, 2019, partially completed jobs cost $18,000. The machinery in Heisenberg's factory recorded 120,000 machine hours during the year 2019. Also, during the year, the following costs were incurred to complete twenty jobs: Direct Materials $268,000, Direct Labor $304,000, and estimated Factory Overhead cost applied at a rate of $5.50 per machine hour. Calculate the cost of completed jobs transferred to Finished Goods Inventory during the year 2019. 9. Kawasaki Corporation uses a Job Cost Accounting System. It has an ending balance in its Work in Process Inventory Account of $193,000, and one partially completed Job (#12) in production. If Direct Materials cost assigned to Job#12 is $104,000, and Kawasaki uses a Predetermined Factory Overhead Rate: 65% of Direct Labor Cost, calculate the amount of Direct Labor cost assigned to Job #12 (round to nearest $1)