1. Department A had the beginning work in process that is 45% completed with respect to material and 80% completed with respect to conversion costs. 12,000 units were added during the period; 20,000 units were completed and transferred and 5,000 units remain in ending work-in-process inventory. The ending inventory were 75% completed with respect to materials and 30% completed with respect to conversion cost. The following additional information relate to the cost incurred: Work in Process (Material is $750,000; Conversion $1,250,000 ) Cost Added this period (Material is $2,000,000; Conversion $1,000,000 ) Required: Given the quantity schedule that has been prepared for you below, a. What is the cost of units completed and transferred? b. What is the cost of the units in ending WIP? 2. Department A had 16,000 units in the beginning work in process that is 45% with respect to material and 80% completed with respect to conversion costs. 12,000 units were added during the period; 20,000 units were completed and transferred and the remaining units in ending work-in-process were 65% completed with respect to materials and 35% completed with respect to conversion cost. The following additional information relate to the cost incurred: Work in Process (Material is $750,000; Conversion $1,250,000 ) Cost Added this period (Material is $2,000,000; Conversion $1,000,000 ) quired: Given the quantity schedule that has been prepared for you below, What is the cost of units completed and transferred? What is the cost of the units in ending work-in-process? 3. Caleb Kendal Manufactures 450,000 units and sold 350,000 at $100 per unit. The following additional information were made available: Required: a) Prepare Variable Costing Income Statement. b) Prepare Absorption costing income statement