QUESTION 10 Falling Down, Inc. provided the following information for its Mixing Department for the current period: Cost per equivalent unit with respect to direct materials: $3.20 Cost per equivalent unit with respect to conversion costs: $4.95 Equivalent units completed and transferred out to the Bottling Department: Direct materials: 92,000 EUP Conversion costs 92,000 EUP Equivalent units in the Mixing Department's ending WIP inventory: Direct materials: 18,800 EUP Conversion costs 14,200 EUP What is the amount of costs the firm should assign to the units completed and transferred out to the Bottling Department? a. $294,400 ob. $455,400 Oc. $749,800 od $130,450 o e $880,250 QUESTION 11 Semaphore, Ltd. is a manufacturer that uses process costing system and the weighted average method to calculate costs. The following information is available for the current period for the firm's Blending department: Equivalent units of production (EUP) with respect to Direct materials 124,400 Equivalent units of production (EUP) with respect to Conversion costs 106,800 Costs: Beginning WIP inventory, direct materials costs $75,000 Beginning WIP inventory, conversion costs $55,200 Direct materials costs incurred during the current period $240,900 Conversion costs incurred during the current period $435,600 Calculate the cost per equivalent unit of production (cost per EUP) with respect to conversion costs (round to two decimal places). O a. $4.60 b. $3.95 OC. $6.33 d. $2.54 o e. $3.49 QUESTION 12 Last period, Just Like Fred Astaire, Inc. sold 5,000 bicycles at a price of $300 each. Fixed costs for the period were $350,000 and net income (assume $0 taxes) was $240,000. What was the amount of variable costs that the firm would have reported in its contribution margin income statement last period? O a. $1,390,000 O b. $1,150,000 . $590,000 od. $1,500,000 Oe. * $910,000