A) Calculate the overhead rate

B) Calculate the DM, DL, and MOH Cost components of the BWIP

C) Calculate the number of equivalent units of production that would be use to establish the Weighted average cost for direct materials, DL, and MOH

D) Calculate the number of equivalents units of production that would be used to establish FIFO cost for DM, DL, and MOH

E) Assuming Weighted Average method is used, calculate the cost of goods completed and transferredout

F) Assuming FIFO is used calculate te cost of ending work in process iventory for DM, DL and MOH

The Blossom Paint Co. uses a process costing system. You have been given the following selected information for July 2022: Units Percent Complete 7,380 70% Beginning work in process inventory Units started 29,520 Ending work in process inventory 12,300 60% The total cost of the beginning work in process inventory was $45,510, of which $8,610 was for direct labour costs. Overhead is applied on the basis of direct labour costs. During July, the company added $85,360 of direct materials, $62,120 of direct labour, and $80,756 of overhead to work in process inventory. All direct materials are added at the beginning of the process, and the conversion costs are incurred uniformly throughout the process