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. 60% of the mixed liquid is added at the beginning of the process; 40% added at the very end. The average cost of the raw materials is $45 per gallon. At the beginning of the month, there was 1,200 gallons in process, 70% through the process (as to conversion costs). The total costs in beginning WIP is $32,400 for materials and $82,160 for conversion costs. During the month, 11,000 gallons were started. Conversion costs were $285,200 for the month. Compute direct material costs (hint use DM EUP under FIFO). At the end of the month, there were 1,800 gallons in process, 60% through the process. f. Using FIFO, what are the unit costs? (hint: you should have 2 numbers) g. Using WA, calculate equivalent units of production. Using WA, what is the cost per equivalent unit of production. i. Using WA, what is journal entry for transferred to finished goods? Using WA, what is the cost per unit