A production department reports the following conversion costs. Equivalent units of production for conversion total 402,000 for this period Calculate the cost per equivalent unit of production for conversion. The company uses the weighted-average method Cost of beginning work in process Costa added this period 256,000 829,400 Muture Choice O O 12.34 $270 $064. $1.70 5070 4 59 Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. 1. Plastic for casing-$17,000 Costa 2. Wages of assembly workers-$85,000 3. Property taxes on factory-$8,000 4. Office accounting salaries-$35,000 5. Drum stands-$41,000 6. Rent cost of office for accountants-$24,000 7. Office management salaries-$180,000 8. Annual fee for factory maintenance-$12,000 9. Sales commissions-$23,000 10. Factory machinery depreciation, straight-line-$46,000 Required: 1. Classify each cost and its amount as either product or period. The first cost is completed as an example. Costs 1. Plastic for casing 2. Wages of assembly workers 3. Property taxes on factory 4. Office accounting salaries 5. Drum stands 6. Rent cost of office for accountants 7. Office management salaries 8. Annual fee for factory maintenance 9. Sales commissions 10. Factory machinery depreciation, straight-line Product Period 17,000 Saved Use the following Information to compute the cost of goods manufactured. Assume all raw materials used were direct materials. Beginning raw materials inventory $ 6,200 Ending raw materials inventory Direct labor 4,700 12,950 Raw material purchases 8,100 Depreciation on factory equipment 7,200 Factory repairs and maintenance Beginning finished goods inventory Ending finished goods inventory Beginning work in process inventory Ending work in process inventory 4,000 10,900 9,600 6,400 7,000 Multiple Choice $34,350 $40,150 $34,150 $33,150 $33.750 Help Save & The Fabricating Department started the curent month with a beginning Work in Process inventory of $1.300. During the month, it was assigned the following costs direct materials, $77,300, direct labor $25,300, an factory overhead, 60% of direct labor cost. Also, inventory with a cost of $5,500 was transferred out of the department to the next phase in the process. The ending balance of the work in Process Inventory account the Fabricating Department is Multiple Choice O $70.668 167300 $580 $100