Use the following information for the next 8 questions.
Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities: 
-Using the weighted average method, the number of equivalent units of material was
Definitions:
Consolidated Statement
A combined financial representation of a parent company and its subsidiaries, showcasing the total assets, liabilities, equity, income, expenses, and cash flows of the entire group.
Carrying Value
The original cost of an asset adjusted for depreciation, amortization, or impairment costs on the company's balance sheet.
Cash Flows
The sum of money flowing in and out of a company, particularly impacting its liquidity.
Consolidated Statement
Financial statements that aggregate the financials of a parent company and its subsidiaries, providing a comprehensive overview of the economic activities of the entire group.
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