QUESTION 28 A production cost report helps managers to prepare an income statement by providing data for A. Cost of goods sold during the period 1. Period costs incurred during the period C. Various inventory ccounts D. Revenues generated during the period QUESTION 29 Ridgewood, Ing, manufactures upholstery fabrio and uses process costing. In the Weaving Department direct materials are added at the beginning of the process and conversion costs are added evenly throughout the process. During the month, the Weaving Department used $280,000 of direct materials and 570.000 of conversion costs. At the end of the month, 10.000 equivalent units of direct materials and 9,000 equivalent units of conversion costs had been used. What is the cost per equivalent unit for conversion costs? (Round answer to the nearest cont.) A $70.00 per EU $311.11 per EU CS7778 per EU D. $280.00 per EU QUESTION 30 Northfield, Inc., manufactures yravel and uses weighted average process conting in the Crushing Department direct materials are added at the beginning of the process, and conversion costs are added evenly throughout the process. This month, the Crushing Department had the following date Units accounted for Completed transferred out 32.000 units 32.000 EU for OM 32.000 EU for CC Ending WIP 9.000 units 9.000 EU for OM 3.000 EU for CO (40% complete for CC) Total 41,000 units 41.000 EU for DM 35.600 EU for CC The Crushing Department determined that the costs per equivalent unit were $1.00 per EU for direct materials and 5 25 per EU for conversion costs. Using this information, what is the cost assigned to the units that were transferred out of the Criting Department and to the Packaging Department? A $225.000 3.576,500 C. $250.000 0.5289,050