Please provide all correct answers?! **Required:**1-a. Calculate the equivalent units of production. 1-b. Calculate the cost per equivalent unit. *Note: Round your answers to 2 decimal places.*1-c. How much cost should have been assigned to the ending work in process inventory? *Note: Round your intermediate calculations to 2 decimal places.*1-d. How much cost should have been assigned to the units completed and transferred to finished goods? *Note: Round your intermediate calculations to 2 decimal places.***Table:**| | Transferred In Costs | Materials | Conversion | Total ||----------------------------------|----------------------|-----------|------------|-------|| 1-a. Equivalent units of production | | | | || 1-b. Cost per equivalent unit | | | | || 1-c. Cost of ending work in process inventory | | | | $0 || 1-d. Cost of units completed and transferred out | | | | $0 | **Case 4-19 (Algo) Second Department-Weighted-Average Method [LO4-2, LO4-3, LO4-4]**Ruth Scarpino, president of Provost Industries, expressed concerns: "I think we goofed by hiring the new assistant controller. Just look at this report he prepared for last month for the Finishing Department. I can't understand it."**Finishing Department Costs:**- **Work in process inventory, April 1:** - Units: 1,200 - Materials: 100% complete - Conversion: 88% complete - Cost: $8,663*- **Costs transferred in during the month from the preceding department:** - Units: 2,700 - Cost: $30,295- **Materials cost added during the month:** $12,465- **Conversion costs incurred during the month:** $26,490- **Total departmental costs:** $77,913**Finishing Department Costs Assigned To:**- **Units completed and transferred to finished goods:** - Units: 3,300 - Unit Cost: $23.61 per unit- **Work in process inventory, April 30:** - Units: 600 - Materials: 0% complete - Conversion: 50% complete- **Total departmental costs assigned:** $77,913*Consists of cost transferred in ($4,298), materials cost ($2,055), and conversion cost ($2,310).**Discussion:**Harrop, the operations manager, explained the struggle of the new assistant controller with the system, noting a delay in adapting back to the process costing.Scarpino questioned the high unit cost for April, set at $23.610.Harrop suggested a report review might reveal material price increases in April as a possible explanation.**Company Details:**Provost Industries manufactures ceramic products through Molding and Finishing departments using the weighted-average method for process costing.**Required Tasks:**1-a. Calculate the equivalent units of production.1-b. Calculate the cost per equivalent unit. - **Note:** Round answers to 2 decimal places.1-c. Determine the cost assigned to the ending work in process inventory. - **Note:** Round intermediate calculations to 2 decimal places.

Name: Please provide all correct answers?! **Required:**1-a. Calculate the e
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Description: Please provide all correct answers?! **Required:**1-a. Calculate the equivalent units of production. 1-b. Calculate the cost per equivalent unit. *Note: Round your answers to 2 decimal places.*1-c. How much cost should have been assigned to the end

Inventory -The things that a business keeps on hand in order to make money are referred to as…

Business

Accounting

Required: 1-a. Calculate the equivalent units of production. 1-b. Calculate the cost per equivalent unit. Note: Round your answers to 2 decimal places. 1-c. How much cost should have been assigned to the ending work in process inventory? Note: Round your intermediate calculations to 2 decimal places. 1-d. How much cost should have been assigned to the units completed and transferred to finished goods? Note: Round your intermediate calculations to 2 decimal places. 1-a. Equivalent units of production 1-b. Cost per equivalent unit 1-c. Cost of ending work in process inventory 1-d. Cost of units completed and transferred out Transferred In Costs Materials Conversion $ $ Total 0 0