3. PART II. Short Problems (60 Points) 1. The following data appeared in the accounting records of Manuel Manufacturing Company which uses the weighted average cost method. Started in process 12,000 units Finished and transferred out 10,500 units Work in process, end of the month 1,500 unit that is 40% completed Material costs $36,000 Labor $44,400 Factory overhead $22,200 Required: Compute under the scenarios given below, the following: i. The Equivalent Units for materials, labor and overhead for the month Compute the Cost per unit materials, labor and overhead for the month Compute the total cost of units finished and transferred out. Cost of units in process at the end of the month iv. Show computations