Review the preliminary data, then scroll down and click in the boxed areas. A pick list will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choices to complete the "calculations of cost per equivalent unit." Correct selections will turn the boxed areas green. The following assumptions should be used in completing this lab: (1) Weighted-average method. (2) Ending work in process was 80% complete with respect to material. (3) Ending work in process was 50% complete with respect to conversion. (4) The "unit reconciliation" has been correctly prepared. (5) Total costs are as indicated. UNIT RECONCILIATION: Cost Per Equivalent Unit: Conversion Equivalent Units for Direct Material is equal to: Combination of Transferred to Next Department Plus Ending Work in Process. True False Question 2 1 pts Equivalent Units for Material is calculated by 500,000 units Transferred to Next Department plus units of Ending Work in Process times 80% complete with respect to the material. 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. Question 4 1 pts Cost per Equivalent Unit for Direct Material is calculated by dividing $ by 580,000 DM Equivalent Units Cost per Equivalent Unit for Direct Labor is calculated by dividing $ by 550,000 DL Equivalent Units Question 6 1 pts Cost per Equivalent Unit for Factory Overhead is calculated by dividing $ by 550,000OH Equivalent Units What is the total Conversion Cost per Equivalent Unit? Review the preliminary data, then scroll down and click in the boxed areas. A pick list will launch. Click on the pick list icon to reveal a drop-down menu of choices. Select the correct choices to complete the "calculations of cost per equivalent unit." Correct selections will turn the boxed areas green. The following assumptions should be used in completing this lab: (1) Weighted-average method. (2) Ending work in process was 80% complete with respect to material. (3) Ending work in process was 50% complete with respect to conversion. (4) The "unit reconciliation" has been correctly prepared. (5) Total costs are as indicated. UNIT RECONCILIATION: Cost Per Equivalent Unit: Conversion Equivalent Units for Direct Material is equal to: Combination of Transferred to Next Department Plus Ending Work in Process. True False Question 2 1 pts Equivalent Units for Material is calculated by 500,000 units Transferred to Next Department plus units of Ending Work in Process times 80% complete with respect to the material. 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. Question 4 1 pts Cost per Equivalent Unit for Direct Material is calculated by dividing $ by 580,000 DM Equivalent Units Cost per Equivalent Unit for Direct Labor is calculated by dividing $ by 550,000 DL Equivalent Units Question 6 1 pts Cost per Equivalent Unit for Factory Overhead is calculated by dividing $ by 550,000OH Equivalent Units What is the total Conversion Cost per Equivalent Unit