Hathaway Company Hathaway Company has the following information available for May: Beginning Work in Process Inventory (25% complete as to conversion) 10,000 units Started 120,000 units Ending Work in Process Inventory (30% complete as to conversion) 30,000 units Beginning Work in Process Inventory Costs: Material $ 2,100 Conversion 2,030 Current Period Costs: Material $ 33,000 Conversion 109,695 All material is added at the start of production and all products completed are transferred out. 1. Compute equivalent units using the (a) weighted average and (b) FIFO method. 2. Compute cost per equivalent unit assuming the (a) weighted average and (b) FIFO method. 3. Prepare a schedule showing the assignment of costs assuming the (a) weighted average and (b) FIFO method. please explain theres already an answer on chegg please dont use the same answer its wrong