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Please answer both questions with explanations! Thank you! Problem 4-37 Operation Costing; Unit Costs (LO 4-7) [The following information applies to the questions displayed below.]

image text in transcribedimage text in transcribedPlease answer both questions with explanations! Thank you!

Problem 4-37 Operation Costing; Unit Costs (LO 4-7) [The following information applies to the questions displayed below.] (Contributed by Roland Minch.) Glass Glow Company manufactures a variety of glass windows in its Egalton plant. In Department I, clear glass sheets are produced, and some of these sheets are sold as finished goods. Other sheets made in Department I have metallic oxides added in Department II to form colored glass sheets. Some of these colored sheets are sold; others are moved to Department III for etching and then are sold. The company uses operation costing. Glass Glow Company's production costs applied to products in May are given in the following table. There was no beginning or ending inventory of work in process for May. Each sheet of glass requires the same steps within each operation. roblem 4-37 Part 4 . Compute the cost of an unetched colored glass sheet. (Do not round your intermediate calculations. Round your answer to 2 ecimal places.) 5. Compute the cost of an etched colored glass sheet. (Round your answer to 2 decimal places.)

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