(Solved): use weighted average method, process costing  Use the following information for the next 5 ques ...

Use the following information for the next 5 questions. Hendrix, Inc. employs a process costing system. Here is information about July's activities:Direct materials are added at the beginning of the process. On July 1: Beginning inventories \( =750 \) units, \( 60 \% \) complete Direct materials cost \( =\$ 5,925 \) Conversion costs \( =\$ 4,095 \) During July: \( \quad 15,000 \) units started Direct materials added \( =\$ 150,000 \) Conversion costs added \( =\$ 83,520 \) On July 31: \( \quad \) Ending inventories \( =1,500 \) units, \( 40 \% \) complete 4. Using the weighted average method, the number of equivalent units of material (equivalent units of production in terms of material cont) was a. 15,750 b. 14,250 e. 15,000 d. 13,500 5. Using the weighted average method, the cost per equivilent unit for conversion cosss was 8. \( \$ 5.80 \) b. \( \mathbf{\$ 5 . 9 0} \) c. \( \$ \mathbf{6 . 0 0} \) d. \( \$ 6.10 \) 6. Using the weighted average method, the cost of the goods completed and transferred out was a. \( \$ 225,150 \) b. 5225,060 c. \( \mathbf{\$ 2 1 3 , 3 0 0} \) d. \( \$ 213,000 \) 7. Using the weighted average method, the cost of the ending work in process inventory for July was a. \( \$ 18,480 \) b. \( \$ 18,540 \) c. \( \$ 18,330 \) d. 518,390