Question 2 Pen-Pen Ltd produces pens. The ballpoint pens pass through two denartmente. (1) Chaminn nud (2) Packing. In the Shaping Departent, Plastic outer and Ball and point parts in pens are added at the beginning of the process, the plastic caps are added in the midalle of the process. Conversion costs are added evenly throughout the Shaping process. The beginning balance of $21,000 consisted of $10,000 of plastic caps, $7,000 of ball and point parts in pens, $1000 of plastic cap, and $3,000 of conversion costs. October data from the Shaping Department are as follows: Required (Show all necessary steps to get full credits, i.e., provide the full schedule so that your reader can understand the rationale of your calculation. The readability of a writeup is important for efficient communication, thus we require you to show the steps on how you get the solution.) (20 points): 1) Compute the equivalent units for each cost category. (4 points) 2) Determine the cost per equivalent unit for each cost category. (6 points) 3) Calculate the total costs of the units: a) Completed and transferred out to the Packing Department b) The ending work in process inventory in the Shaping Department. (3 points) (3 points) 4) a) Provide journal entries for transferring the units from the "Shaping" department to the "Packing" department for October, if any. (2 points) b) Provide journal entries for Ending Work in process inventory for 31 October, if any. (2 points)