Mars Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the combanv's first nrocessing denartment for a recent month Required: a) Determine the equivalent units of production for materials and conversion costs. b) Determine the cost per equivalent unit for materials and conversion costs. c) Determine the cost of ending work-in-process inventory in the department. Delon Corporation uses activity-based costing to determine product costs. The company has provided the following data concerning its activity-based costing system Based on the above information, if actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to $78,100. Select one: True False LAX Company has two departments: Department A and Department B. The company uses job-order costing and computes a pre-determined overhead rate in each department. Department A uses direct labor hours as its base to calculate the rate and Department B uses machine hours. At the beginning of the year, the company made the following estimates. At the end of the year, the records of the company showed the following actual cost and operating data for all jobs worked on during the year. Required: a) Compute the predetermined overhead rate for each department. b) Compute the amount of underapplied or overapplied overhead in each department at the end of the year