QUESTION 2 25 points Save AS Abu Dhabi Food products reported the following information for the month of March 2020: Units Work In Process: Beginning inventory, March 1 5.000 (80% complete for Materials, 30% Conversion) Added to production 40.000 Completed and transferred out 42.000 Ending inventory, March 31 (70% complete for Materials, 40% Conversion 3,000 Costs Material Conversion Beginning inventory, March 31 $12,125 $21,000 Added to production during March $43,000 593,480 REQUIRED: a Calculate the equivalent units of production for Material and Conversion Costs. [6 marks] b. Calculate the cost per equivalent unit for material and conversion cost. [12 marks] Calculate total cost be assigned to the units completed and transferred out of Work in Process Inventory [3 marks) Calculate total costs that would be assigned to the ending Work in Process Inventory? (4 marks)