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(c) Three-Cs Sdn Bhd uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department

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(c) Three-Cs Sdn Bhd uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month: Work in process, beginning: Units in process 800 Stage of completion with respect to materials 60% Stage of completion with respect to conversion....... 10% Costs in the beginning inventory: Materials cost. RM1,296 Copversion cost RM2,416 Units started into production during the month 16,000 Units completed and transferred out Costs added to production during the month: Materials cost RM47,076 Conversion cost RM497,213 Work in process, ending Units in process 300 Stage of completion with respect to materials 60% Stage of completion with respect to conversion..... 70% Required: 1) Prepare a schedule of equivalent unit. (4 marks) 1) Compute the cost per equivalent unit (5 marks) iii) Compute the costs of goods transferred out and the cost of ending work in process. (4 marks) MacBook Air

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