Hanes had a product that passes through two processes: knitting and finishing. Direct materials were added uniformly in the second process. Units were measured the same way in both departments. The second department (finishing) had the following physical flow schedule for the month: Costs in beginning work in process for the finishing department were: DirectmaterialsConversioncostsTransferred-in$5,500$8,250$11,000 Costs added during the month: Direct materials $33,125 Conversion costs $49,688 Transferred-in $66,250 Using the weighted average process costing method, answer the following questions for the month: (30 points) How many equivalent units should Hanes use to calculate direct materials cost? (5 pts) How many equivalent units should Hanes use to calculate conversion cost? (5 pts) How many equivalent units should Hanes use to calculate transferred in cost? ( 5 pts) What is the direct materials cost per unit? (5 pts) What is the conversion cost per unit? (5 pts) What is the transferred-in cost per unit? (5 pts)