QUESTION 3 The Cutting Department of Sigma Manufacturing Company has the following production and manufacturing cost data for April 2020 Work In Process Inventory, Beginning Balance Units started into production Work In Process Inventory, Ending Balance Units transferred to next production department 300 11,000 300 11,000 Materials Conversion 80% Percentage completion WIP, Beginning Balance Percentage completion WIP, Ending Balance 70% 80% 40% Costs details Costs Beginning Balances Costs added during the month Materials AED 1,368 64,948 Conversion AED 8,064 412,179 Required: (Assume that the company uses the weighted average method of accounting for units and costs) 1) Determine the equivalent units (11 Marks) 2) Compute the costs per equivalent unit. (10 Marks) 3) Determine the total cost of ending work in process inventory. ( 7 Marks) 4) Determine the total cost of units transferred out. (7 Marks)