Can someone help me with this problem, how to solve step by step.

aga Barron's Personal Meetin X + urses/1106612/quizzes/1694970/take 11. Process Costing (50 points Our company manufactures Chemical X. Assume the company uses weighted average. Separate direct materials and conversion costs. Chemical X is comprised of two liquids, Liquid A and Liquid B. The formula of Chemical X is 60% Liquid A, 40% Liquid B. 75% of the mixed liquid is added at the beginning of the process; 25% is added at the very end. The average cost of the raw materials is $42 per gallon. At the beginning of the month, there was 1,000 gallons in process, 60% through the process (as to conversion costs). The total costs in beginning WIP is $31,500 for materials and $29,950 for conversion costs. During the month, 12,000 gallons were started. Conversion costs were $346,550 for the month. Compute direct material costs (hint use DM EUP under FIFO). At the end of the month, there were 1,500 gallons in process, 70% through the process. Answer each question separately. DO NOT just complete a table - this will result in a zero! a. How many units were started AND completed? Completed? Using FIFO, calculate equivalent units produced c. What is the cost of the material added? (hint: use b.). d. Using FIFO, calculate the cost per equivalent unit produced. e . Using FIFO, what is the journal entry for the transferred to finished goods? f . Using FIFO, what are the unit costs? (hint: you should have 2 numbers) arch O en 79 W Xx