A manufacturer used $100,000 of direct materials in its Roasting department. The journal entry to record the use of direct materials consists of a: Multiple Choice Debit Raw Materials Inventory for $100,000; credit Accounts Payable for $100,000. C Debit Raw Materials Inventory for $100,000; credit Work in Process Inventory-Roasting for $100,000. Debit Work in Process Inventory-Roasting for $100,000; credit Raw Materials Inventory for $100,000. O O Debit Work in Process Inventory-Roasting for $100,000; credit Cash for $100,000. O O Debit Work in Process Inventory-Roasting for $100,000; credit Accounts Payable for $100,000. Compute the conversion cost per equivalent unit for the Production department using the weighted average method. Direct Materials Percent Complete 100% Conversion Percent Complete 55% Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Units 25,000 110,000 135,000 30,000 100% 30% Production cost information for the Production department follows. $ 93,500 54,700 $ 148,200 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 253,000 578,900 $ 831,900 Bryant Manufacturing produces its product in two sequential processing departments. During October, the first process finished and transferred 300,000 units of its product to the second process. Of these units, 60,000 were in process at the beginning of the month and 240,000 were started and completed during the month. At month-end, 40,000 units were in process. Using the FIFO method, compute the number of equivalent units of production for direct materials for the first process for October assuming that beginning work in process inventory is 30% complete for direct materials cost and ending inventory is 80% complete for direct materials cost. Multiple Choice 350,000. 374,000. O O 290,000 O O 314,000