5A) Calculate the total cost per unit, using 60% as the percentage of completion.

5B) Complete the company's income statement for the month, using 60% as the percentage of completion.

5D) Briefly explain WHY the difference in income occurs. Between using 60% vs 80% as the percentage of completion.

5E) In general, if managers want to inflate earnings in a particular period, what could they do?

\begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Department Data } \\ \hline Information about units: & \\ \hline Units in Beginning WIP & 25,000 \\ \hline Started during month & 220,000 \\ \hline Units in Ending WIP & 30,000 \\ \hline & \\ \hline Percentage of completion: & \\ \hline Direct materials & 1 \\ \hline Conversion & 0.6 \\ \hline & \\ \hline Costs in Beginning WIP & 132500 \\ \hline DM in beginning WIP & 78300 \\ \hline Conversion costs in beginning WIP & \\ \hline & \\ \hline Cost information for the current month: & \\ \hline DM traced to Dept during the month & 1153750 \\ \hline DL traced to Dept during the month & 45000 \\ \hline MOH allocated to dept during the mont & 617600 \\ \hline \end{tabular} NOTE: The blue box contains the data you'll need for completing the Production Cost Report (tan box). Certain figures in the blue box must be typed in. Other figures in the blue box can be cell referenced from another worksheet (= cell address). ALL cells in the Production Cost Report (tan box) should be formulas or cell-referenced to figures in the 5E) If managers want to inflate earnings in a particular period, what can they do? \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Department Data } \\ \hline Information about units: & \\ \hline Units in Beginning WIP & 25,000 \\ \hline Started during month & 220,000 \\ \hline Units in Ending WIP & 30,000 \\ \hline & \\ \hline Percentage of completion: & \\ \hline Direct materials & 1 \\ \hline Conversion & 0.6 \\ \hline & \\ \hline Costs in Beginning WIP & 132500 \\ \hline DM in beginning WIP & 78300 \\ \hline Conversion costs in beginning WIP & \\ \hline & \\ \hline Cost information for the current month: & \\ \hline DM traced to Dept during the month & 1153750 \\ \hline DL traced to Dept during the month & 45000 \\ \hline MOH allocated to dept during the mont & 617600 \\ \hline \end{tabular} NOTE: The blue box contains the data you'll need for completing the Production Cost Report (tan box). Certain figures in the blue box must be typed in. Other figures in the blue box can be cell referenced from another worksheet (= cell address). ALL cells in the Production Cost Report (tan box) should be formulas or cell-referenced to figures in the 5E) If managers want to inflate earnings in a particular period, what can they do