Question 3, E18-33 (simi... Part 1 of 7 > HW Score: 25%, 10 of 40 points Points: 0 of 10 Save Stillwater Spa produces two different spa products Spring and Ocean The company uses three operations to manufacture the products mixing blending, and packaging Click the icon to view the additional information ) The budgeted number of containers and budgeted direct materials cost for each product in May are (Click the icon for tho budget information Read the requirements Requirement 1. Calculate the conversion cost rates for each department Determine the formula and then calculate the conversion cost rate for each department (Round the conversion cost rate to the nearest cent) Conversion cost rate More info Spring is produced in powder form in the mixing department, then transferred to the blending department and finally to packaging Ocean undergoes no mixing, it is produced in liquid form in the blending department and then transferred to packaging in the mixing department, Stillwater Spa applies conversion costs based on labor-hours It takes 3 minutes to mix the ingredients for a container of Spring in the blending department, conversion costs are applied based on the number of containers and in the packaging department, on the basis of machine hours. It takes 12 minutes of machine time to fill a container, regardless of the product More info Number of containers Spring Ocean 14,000 16,000 $ 28,560 S 35 680 - Direct materials cost The budgeted conversion costs for each department for May are as follows: Allocation of Budgeted Department Conversion Costs Conversion Cost Mixing Direct labor-hours S 1,260 Blending Number of containers S 55,500 Packaging Machine-hours S 3,600 Requirements 1. Calculate the conversion cost rates for each department 2. Calculate the budgeted cost of goods manufactured for Spring and Ocean for the month of May 3. Calculate the cost per container for each product for the month of May