Please answer letter c and provide further explanation and hint for the problem.

Work In Process-Sifting Department (1,500 units. 75 cm sifting Department during May The following costs were charged to Work in Process-Sifting Depu $32,600 Direct materials transferred from Milling Depart erials transferred from Milling Department: 18,300 units 14,560 Direct labor 7.490 Factory overhead w s eted and transferred to finishe During May, 18,000 units of four . Work Process-Sifting Department on May 31 was 1,800 units, 75%, comp Instructions Prepare a cost of production report for sin D artment for May, using the weighted aver method. Assume that direct materials are placed in process during prod nits, 75% completed. Make a Decision Analyzing Process Costs Obj. 5 MAD 3-1 Analyze Dura-Conduit Corporation's process costs Dura-Conduit Corporation manufactures plastic conduit that is used in the cable industry. A conduit is a tube that encircles and protects the underground cable. In the process for making the plastic conduit, called extrusion, the melted plastic (resin) is pressed through a die to form a tube. Scrap is produced in this process. Information from the cost of production reports for three months is as follows, assuming that inventory remains constant: Resin pounds input into the process Price per pound Plastic material costs Conversion costs Conduit output from the process (feet) May 460,000 x $1.05 $483,000 $90,000 900,000 June 600,000 x $1.05 $630,000 $110,000 1,100,000 July 640,000 x $1.05 $672,000 $112,000 1,120,000 Chapter 3 Process Cont Systens 143 Assume that there is one-half pound of resin per foot of the finished product. 2. Determine the resin materials cost per foot of finished product for each month. Round to the nearest whole cent. b. Determine the ratio of the number of resin pounds output in conduit by the number of pounds input into the process for each month. Round percentages to one decimal place. Interpret the resin materials cost per foot for the three months. Use the information in (a) and (b) to explain what is happening. d Determine the conversion cost per foot of finished product for each month and interpret the result