2 Yummy Ltd produces popsicle. The popsicle passes through three departments: (1) Mixing & Dipping and (2) Packing. In the Mixing & Dipping Department, Milk and Sugar are added at the beginning of the process, the mixture is partly frozen, and Chocolate dipping are added at the end of the process. Conversion costs are added evenly throughout the mixing process. The beginning balance of $24,000 consisted of $21,000 of direct materials and $3,000 of conversion costs. December data from the Mixing & Dipping Department are as follows: Gallons Beginning work in process inventory Liters 3,000 L Costs Beginning work in process 24,000 inventory Started production 13.000 L Costs added during December: Completed and transferred out to 12,000 L Milk 132,000 Packing in December Ending work in process inventory (60% ?L Sugar 7,000 of the way through the mixing process). Chocolate dipping 145,200 Direct labor 29,080 Manufacturing overhead 11,120 Total costs 348,400 Required (Show all necessary steps to get full credits, i.e., provide the full schedule so that your reader can understand the rationale of your calculation. The readability of a write-up is important for efficient communication, thus we require you to show the steps on how you get the solution.) (20 points): 1) a) Compute the equivalent units for each cost category. b) Determine the cost per equivalent unit for each cost category. c) Calculate the total costs of the units (Liters): (4 points) (6 points) i) Completed and transferred out to the Packing Department (3 points) ii) The ending work in process inventory in the Mixing & Dipping Department. (3 points) 2) a) Provide journal entries for transferring the units from the "Mixing & Dipping" department to the "Packing" department for December., if any. (2 points) b) Provide joumal entries for Ending Work in process inventory for 31 December, if any. (2 points)