Process costing is used when the production process produces unique and differentiated products. production is aimed at filling a specific customer order. costs are to be assigned to specific jobs. similar products are produced Question 48 2pts An important feature of a job order cost system is that each job consists of heterogenous product must be completed before a new job is accepted. has it has similar characteristics. must be similar to previous jobs completed. Alchemy Manufacturing produces a pesticide chemical and uses process costing. There are three processing departments-Mixing, Refining, and Packaging. On January 1 , the first departmentMixing-had no beginning inventory. During January, 56,000fl. oz. of chemicals were started in production. Of these, 30,000fl. oz. were completed, and 26,000fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. The weighted-average method is used. At the end of the month, Alchemy calculated equivalent units. The ending inventory in the Mixing Department was 75% complete with respect to conversion costs. With respect to direct materials, what is the number of equivalent units in the ending inventory? 26,000 equivalent units 19,500 equivalent units 56,000 equivalent units 30,000 equivalent units In a production cost report, includes the number of units completed and transferred out of a process and the number of units remaining in ending WIP. The weighted-average method is used. total units to account for total units budgeted for total units estimated for total units accounted for