I fill out the Excel which attached here, please answer the following questions regarding the Excel: Thanks

1. Equivalent Units for Direct Material is equal to:

Combination of Transferred to Next Department Plus Ending Work in Process:

a) True

b) False

2. What is the total Conversion Cost per Equivalent Unit?

3. Equivalent Units for Material is calculated by 500,000 units Transferred Next Department plus......Units of Ending Work in Process times 80% complete with respect to the material.

4. Equivalent Units for Direct Labor is calculated by 500,000 units Transferred to Next Department plus ...... Units of Ending work in Process multiply by 50% complete with respect to the direct labor.

5. Cost per Equivalent Unit for Direct Material is calculated by dividing $......... by 580,000 DM Equivalent Units.

6. Cost per Equivalent Unit for Factory Overhead is calculated by dividing $......... by 550,000 OH Equivalent Units.

7. Cost per Equivalent Unit for Direct Labor is calculated by dividing $......... by 550,000 DL Equivalent Units.

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