Fraser & Hill, is a factory that produces Air-Cond coolant, COOLER and it starts its process in the Moulding Department. Upon completion of processes in Moulding Department, the product is transferred to Filling Department in order to complete its processes. In the Filling Department, the conversion costs are incurred uniformly throughout the process. Materials are added uniformly throughout the process.. Overhead is allocated on the basis of 200% of the direct labour cost. Work in process, 1 May 2021 (30,000 units, 60% complete) cost of which includes: Transfer In-Moulding Department $50,000 Direct Materials - Filling Department $ 150,000 Direct Labour -- Filling Department $ 80,000 Overhead - Filling Department $ ? During the month of May 2021, 70,000 units were completed and transferred to finished goods inventory. The Filling department's costs during May 2021 were: Transferred in $ 400,000 Material added $ 300,000 Direct Labour $ 120,000 Overheads $ ? At the end of May 2021, 10,000 units were still in process in Filling department. These were expected to be 90% complete of for material and 60% for conversion Required: (a) Prepare the Filling Department production cost report for the month of May 2021 using (round up to 2 decimal place) : i. Weighted Average method (13 marks) FIFO method (16 marks) (b) Assume that the direct material cost increase by 10% and conversion costs of Filling Department in the current month decrease by 30%. What is the new conversion cost per equivalent unit and costs of units completed and transferred out using i.Weighted Average (3 marks) ii.FIFO method