"I think we goofed when we hired that new assistant controller," said Ruth Scarpino, president of Provost Industries. "Just look at this report that he prepared for last month for the Finishing Department. I can't understand it." 0. 7es struggling to learn our system, "replied Frank Harrop, the operations manager. "The problem is that he's been away from process costing for a long time, and it's coming back slowly." Fir's not just the format of his report that fim concerned about. Look at that \$23.22 unit cost that he's come up with for. Aprii. Doesn't that seem high to you?" said Ms Scorpino "Yes, it does seem high, but on the other hand, I know we had an increase in materials prices during April, and that may be the explanation," replied Mr. Harrop. TIl get someone else to redo this report and then we can see what's going on. Provost industries manufactures a ceramic product that goes through two processing departments-Moiding and Finishing The company uses the weighted-overage method in its process costing Required: 1-a. Calculate the equivalent units of production. 1.b. Calculate the cost per equivalent unit. (Round your answers to 2 decimal ploces.) 1-e. How much cost should have been assigned to the ending work in process inventory? (Round your intermediate calculations to 2 decimal places.) 1-d. How much cost should have been assigned to the units completed and transterred to finished goods? (Round your intermediate colculations to 2 decimal ploces.)