Question: Cixgax, Corporation makes Bubbles from Ooze using weighted average process costing. At the end of the period, they had the following data: Beginning units

Cixgax, Corporation makes Bubbles from Ooze using weighted average process costing. At

Cixgax, Corporation makes Bubbles from Ooze using weighted average process costing. At the end of the period, they had the following data: Beginning units in WIP 1,000 Costs in Beginning WIP: Units started 7,000 DM $24,000 Units transferred out 7,400 Conversion $28,000 Current costs: DM $56,000 Conversion $53,400 Direct materials are added at the beginning of the process. Ending inventory is 75% complete for direct labor and manufacturing overhead. 20. How many equivalent units are used to calculate the unit cost of direct materials? ANSWER: (5 POINTS) 21. How many equivalent units are used to calculate the unit cost of conversion? ANSWER: (5 POINTS)

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