Exercise 3 (35 marks): Vladof Corporation manufactures metal roofing in two departments: Pressing and Painting Sheets of metal material are formed in the Pressing Department before being transferred to the Painting Department. The following information was taken from the company's general ledger and cost accounting records on June 30 Work In Process: Pressing Department 6/1 Beginning balance $ 6,000 6/30 Transferred to Painting 6/30 Direct materials 25,500 6/30 Direct labor 8.200 6/30 Manufacturing overhead 32,800 6/30 Ending balance ? 300 sheets 1,500 sheets 500 shoots Physical Units: Pressing Department Units in process, June 1 Units transferred to Painting Department in June Units in process, June 30 Percentages of Completion: Pressing Department Direct materials. June 1 Conversion, June 1 Direct materials. June 30 Conversion, June 30 100% 20 100 40 Instructions Compute the number of sheets started by the Presing Department in June. b. Compute the number of units started and completed by the Pressing Department in June. c.Compute the equivalent units of input resources for the Pressing Department in lone d. Compute the cost per equivalent unit of input resource for the Presing Department in June Prepare the summary journal entry required to transfer pressed sheets from the Pressing Department to the Painting Department in June. 1. Compute the total cost assigned to the Pressing Department's ending inventory on June 30