7) Vallin Manufacturing Corporation's beginning work in process inventory cond on 400 units, 100 complete with resnect materials cost and complete respect to conversion costs. The total cost in the beginning inventory was 554.000 During the month. 58.000 units were transferred out. The equivalent unit cost was computed to be 54.30 for materials and 54,80 for conversion costs under the weighted average method. Given this information, the total cost of the units completed and transferred out was: A) S527,800 B) $364.000 C) $365,600 D) $436,000 em July. one of the processing departments at Okamura Corporation had beginning work in process inventory of $20,000 and ending work in process inventory of $25,000. During the month, the cost of units transferred out from the department was $155.000. in the department's cost reconciliation report for July, the total cost to be accounted for under the weighted average method would be: A) $126,000 B) $180,000 C) $139,000 D) $45.000 9) Intask Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of 6100 units that were 75% complete with respect to conversion costs. Ending work in process inventory consisted of 5100 units that were 60% complete with respect to conversion costs. If 12,200 units were transferred to the next processing department during the period, the equivalent units of production for conversion cost would be: A) 13.200 units B) 13.725 units C) 12.725 units D) 10.685 units 10) Overboard Corporation uses the FIFO method in its process costing system. In the Cutting Department in June, units were 80% complete with respect to conversion in the beginning work in process inventory and 25% complete with respect to conversion in the ending work in process inventory. Other data for the department for June follow: Conversion Units Cost 24,200 $ 43,000 164,000 $ 245,000 Beginning work in process inventory Units started into production, and costs incurred during the month Units completed and transferred out 144,000 D) $1.31 The cost per equivalent unit for conversion cost is closest to: A) $1.81 B) $1.84 C) $1.37