QUESTION 11 Below is information from Many Faces, Co. for the current period: Raw materials inventory, beginning $91,400 balance Raw materials inventory, ending balance $84.800 Raw materials used during the period: $429,700 What is the amount of raw materials the firm purchased during the period? a. $436,300 b. $423,100 C. $514,500 d. 5429,700 e. $253,500 QUESTION 12 Semaphore, Ltd. is a manufacturer that uses a process costing system and the weighted average method to calculate costs. The following information is available for the current period for the firm's Blending department: Equivalent units of production (EUP) with respect to Direct materials 124,400 Equivalent units of production (EUP) with respect to Conversion costs 106,800 Costs: $75,000 $55,200 Beginning WIP inventory, direct materials costs Beginning WIP inventory, conversion costs Direct materials costs incurred during the current period Conversion costs incurred during the current period $240,900 $435,600 Calculate the cost per equivalent unit of production (cost per EUP) with respect to conversion costs (round to two decimal places). a. $4.60 b. $3.95 C. $2.54 d. $6.33 e. $3.49