A Company operates several production processes involving the mixing of ingredients to produce bulk animal feed. One such product is mixed in two separate process operations. The information below is of the costs incurred in, and output from Process 2 during the period just completed. The equipment is cleaned at the end of each period; hence there were no units in process at the beginning of the period.

The following additional information is available for Process 2:

(i) Transfer from Process 1: 112,000 kilos valued at $17.85 per kilo

(ii) Other manufacturing costs incurred during the period:

Direct material added	$478,800
Direct labour	$210,400
Manufacturing overhead	$422,000

(iii) Normal wastage of materials, which occurs in the early stages of Process 2 (after all materials have been added), is expected to be 5% of input.

(iv) 104,200 kilos were completed and transferred to Finished Goods Inventory.

(v) Closing work in process was 1,600 kilos and was 100% complete, apart from Process 2 conversion costs, which were 75% complete.

(vi) Process 2 conversion costs are all apportioned to good output. Wastage materials from Process 2 are sold to local farmers at $15.00 per kilo.

Required:

(a) Prepare a statement of equivalent production to determine the equivalent units and conversion costs and the cost per equivalent unit for direct materials (From Process 1 & Direct Material Added), and conversion costs.

(b) Calculate the:

- Total cost of feed completed and transferred to Finished Goods inventory - Cost of abnormal losses

- Cost of ending work-in-process inventory in Process 2

(c) Prepare the Work-In-Process Inventory - Process 2 T-account, clearly showing the ending balance.

State the journal entries necessary to record the assignment of direct materials, direct manufacturing wages and manufacturing overhead applied to Process 2. Also give the journal entries to record the cost of product completed and transferred to finished goods

Please assist particularly with c and d