30 D "I think we goofed when we hired that new assistant controller" said Ruth Scarpino, president of Provost industries "Just look at this report that he prepared for last month for the Finishing Department. I can't understand Fisishing Department costs Mark in process investory, April 1, 558 unita, materials 100% pleter conversion complete Coeta transferred in during the month from the preceding department, 3,000 unit Materials cost added during the month Conversion costs incurred during the month Total departmental oste Finishing Department costs assigned to 15,740 Usita completed and transferred to finished goods, 2.00 $50,730 site at 21:36 per unit Mork in process inventory, April 30, 600 unite materials complete conversion 40% complete total departmental ocets as "Consists of cost transferred in. $4,272 materiels cost $1.990 and conversion cost $2,100 "He's struggling to learn our system, replied Frank Harrop, the operations manager "The problem is that he's been away from process costing for a long time, and it's coming back slowly "It's not just the format of his report that rim concerned about. Look at that $25.36 unt cost that he's come up with for April Doesn't that seem high to you?" said Ms. Scarpine "Yes, it does seem highs but on the other hand, I know we had an increase in materials prices during April, and that may be the explanation" replied Mr. Harrop. "T get someone else to redo this report and then we can see what's going on Provost Industries manufactures a ceramic product that goes through two processing departments-Molding and Finishing. The company uses the weighted average method in its process costing Required F-a Calculate the equivalent unts of production 16 Calculate the cost per equivalent unit (Round your answers to 2 decimal places.) 1c. How much cost should have been assigned to the ending work in process inventory? Round your intermediate calculations to 2 decimal places) d. How much cost should have been assigned to the units completed and transferred to finished goods? (Round your intermediate calculations to 2 decimal places) 1- Equivalent units of production 1. Cost per p te Cout of endey work in proce 1-4 Cost of uncomped and edu M to Casis 0 0