Memy to the process 5. Calculate the equivalent units using the FIFO and W.A method. 6. Calculate the cost per equivalent unit using the FIFO and W.A. method. *** Alnajdawi Company is a metal and woodcutting manufacturer, selling products to the Home construction market. Consider the following data for 2020 Indirect Materials Miscellaneous indirect manufacturing labor Direct manufacturing labor Direct materials inventory Jan 1, 2020 Direct materials inventory Dec. 31, 2020 Finished goods inventory Jan. 1, 2020 Finished goods inventory Dec. 31, 2020 Work-in-process inventory Jan. 1, 2020 Work-in-process inventory Dec. 31, 2020 Plant leasing costs Depreciation plant equipment Property taxes on plant equipment Fire insurance on plant equipment Direct materials purchased Revenues Marketing promotions Marketing salaries Distribution costs Customer-service costs $ 77,000 40,000 300,000 40,000 50,000 100,000 150,000 10,000 14,000 54,000 36,000 4.000 3,000 560,000 1.260.000 60,000 100,000 70,000 100.000 7- Prepare the income statement for 2020