Question 5 (7 marks) The following data Barker Inc. uses the weighted-average method in its process costing system. department for a recent month: concern the operations of the company's first processing Work in process, beginning Units in process Stage of completion with respect to materials Stage of completion with respect to conversion 20% Costs in the beginning inventory $2,440 $4,928 Materials cost Conversion cost Units started into production during the month Units completed and transferred out Costs added to production during the month: Materials cost Conversion cost $96,470 $476,362 Work in process, ending: Units in process Stage ofcompletion with respect to materials Stage of completion with respect to conversion 50% 90% Required Using the weighted-average method: a) Determine the equivalent units of production for materials and conversion costs.(2) b) Determine the cost per equivalent unit for materials and conversion costs.(I) c) Determine the cost of units transferred out of the department during the month.(2) d) Determine the cost of ending work-in-process inventory in the department. (2) nateial okvers1on t947o: 18o 76 362 -48121 Page 8