Oxaal, Inc. is a manufacturer and uses the weighted average method of process costing. The following information is available for the month of November: Equivalent units of production direct materials, Melting Department 97,110 EUP Equivalent units of production-conversion costs, Melting Department 82,440 EUP Raw Materials Inventory beginning balance $77,420 Raw Materials Inventory, ending balance $85.925 Direct Materials Costs in beginning Work in Process - Melting Department $317,344 Conversion Costs in beginning Work In Process - Melting Department $193.883 Direct Materials Costs incurred in November - Melting Department $1.201.938 Conversion Costs incurred in November - Melting Department $842,921 Finished Goods Inventory beginning balance $109.116 Finished Goods Inventory ending balance 5114.922 The cost per equivalent unit of production for direct materials is: a $30.31 b. $12.58 $15.64 Od $20.41 $17.33 A firm expects to sell 75,000 units of its product at $8 per unit. Net income is estimated to be $29,150. If the variable costs per unit are $2.50, total fined costs must be # $600,000 $570,850 O $383,350 Od $412.500 e $187.500 QURAN