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please kindly show how you get the answer. Thank you Chemical X is comprised of two liquids, Liquid A and Liquid B. The formula of

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Chemical X is comprised of two liquids, Liquid A and Liquid B. The formula of Chemical X is 60% Liquid A, 40% Liquid B. 40% of the mixed liquid is added at the beginning of the process; 60% added at the very end. The average cost of the raw materials is $43 per gallon. At the beginning of the month, there was 1,400 gallons in process, 70% through the process (as to conversion costs). The total costs in beginning WIP is $24,080 for materials and $96,760 for conversion costs. During the month, 13,000 gallons were started. Conversion costs were $467,400 for the month. fompute direct material costs (hint use DM EUP under FIFO). At the end of the month, there were 1,600 gallons in process, 60% through the process. Answer each question separately. DO NOT just complete a table- this will result in a zero! e) Using FIFO, what is the journal entry for the transferred to finished goods? f) Using FIFO, what are the unit costs? (hind: you should have 2 numbers) g) Using WA, calculate equivalent units of production. h) Using Wa, what is the cost per equivalent unit of production. i) Using WA, what is the journal entry for transferred to finished goods? 1) Using WA, what is the cost per unit

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