Can I get some assistance with subpart d & e please? Thank you Required:(a)Prepare a statement of equivalent production to determine the equivalent units for direct materials(From Process 1 & Direct Material Added), and conversion costs and the cost per equivalent unit fordirect materials and conversion costs.(b)Calculate the:Total cost of units completed and transferred to Finished Goods inventoryCost of abnormal lossesCost of ending work-in-process inventory in Process 2Prepare Better Choice's Work-In-Process Inventory - Process 2 T-account, clearly showing theending balance.(c)(d)State the journal entries necessary to record the assignment of direct materials, directmanufacturing wages and manufacturing overhead applied to Process 2. Also give the journalentries to record the cost of goods completed and transferred to finished goods.(e)Given that 20% of the unexpected losses were as a result of pilferage, prepare the abnormalspoilage statement, clearly showing Better Choice's true loss. Better Choice Foods makes a single product using two processes. Quality control check takes place duringthe process, at which point, rejected units are separated from good units.The following details relate to production for the month of April 20X9, for Process 2.(i)Work-in-process, beginning inventory:-0-(ii)Transfer from Process 1: 15,000 units valued at $51.40 each(iii)Other manufacturing costs incurred during April:Direct material added$513,000$365,000$211,000Direct labourManufacturing overhead(iv)Normal losses were estimated to be 5% of input during the period. Losses from Process 2 aredeemed to be scrap, and sold at $40 per unit.(v)At inspection 1,750 units were rejected as scrap. These units had reached the following degree ofcompletion:Input material100%Direct material added50%Conversion costs30%(vi)12,000 units were completed and transferred to Finished Goods Inventory.(vii)Work-in-process at the end of April had reached the following degree of completion:Input material100%Direct material added80%Conversion costs40%

Product costing can be defined as the main branch under cost accounting, were the entire cost…

(d) State the journal entries necessary to record the assignment of direct materials, direct manufacturing wages and manufacturing overhead applied to Process 2. Also give the journal entries to record the cost of goods completed and transferred to finished goods. (e) Given that 20% of the unexpected losses were as a result of pilferage, prepare the abnormal spoilage statement, clearly showing Better Choice's true loss.