QUESTION 7 The Miracle Company had 20,000 units in process on December 31, 2020 which was 80% complete as to materials but only 40% complete as to conversion costs. The company's records show 40,000 units were transferred to the Finished Goods Inventory during January 2021. On January 31, 2021, 15,000 units were on hand which were 30% complete as to conversion costs and 60% complete as to materials. What are the equivalent units of production (EUPS) added for the conversion costs in January, assuming Miracle uses FIFO? 36500 QUESTIONS The Townson Manufacturing Company has gathered the following information for the month of September pertaining to its use of materials in Work in Process: beginning inventory had 4,500 (EUPs) valued at $$13,500; $202,000 of materials were added during the month; ending inventory consisted of 16,000 (EUPS) and 50,000 units were completed and transferred to the next department. What is the weighted average cost per EUP of materials for the month of September? Round to the nearest $.001. 66000