The following information applies to questions 7 through 10: Justin Bakery produces its products in three sequential processes, Mixing, Baking, and Packaging. During November, the following data was collected for the Mixing department: Materials Labor and Overhead Percent Completed 7. Number Work in process inventory, November 1 Started into production during November Completed and transferred out of Units 40,000 Percent Completed 75% 50% 180,000 190,000 Work in process inventory, November 30 30,000 80% 25% Costs for November: Materials Labor and Overhead Work in process, November 1 $117,600 $ 30,800 Added during the month $706,300 $283,225 Assuming that the weighted average method is used, what is the materials cost per unit (round your answer, if necessary, to the nearest cent)? a. $3.60 b. $3.48 8. 9. 10. c. $3.85 d. $3.25 Assuming that the weighted average method is used, what is the conversion cost per unit (round your answer, if necessary, to the nearest cent)? a. $1.44 b. $1.67 c. $1.33 d. $1.59 Ignore your answers to #7 and #8. Assume that the materials cost per unit is $4.00 and the conversion cost per unit is $1.50, using the weighted average method. Which of the following is the correct journal entry to transfer the cost of completed units from the Mixing department to the Baking department using the weighted average method? a. debit WIP-Baking $990,000; credit WIP-Mixing $990,000 b. debit WIP-Packaging $1,020,000; credit WIP-Mixing $1,020,000 c. debit WIP-Baking $1,045,000; credit WIP-Mixing $1,045,000 d. debit WIP-Mixing $1,210,000; credit WIP-Packaging $1,210,000 Assume again that the materials cost per unit is $4.00 and the conversion cost per unit is $1.50, using the weighted average method. What are the materials costs and the conversion costs, respectively, in ending WIP using these weighted average per unit costs? a. $120,000 and $22,500 b. $96,000 and $11,250 c. $120,000 and $45,000 d. $96,000 and $33,750