QUESTION THREE (12 Marks) a) The activity in Nolan Company's Blending Department for the month of Aprilis given below Number Conversion Work-in-process inventory, April 1 of Units Percent Completed 8,000 40% Started into process during the month 50,000 Work-in-process inventory, April 30 10,000 70% All materials are added at the beginning of processing in the Blending Department Use the FIFO method for the Blending Department for April. Show all calculations and indicate what your numbers represent Calculate the equivalent units for i materials (3) il) conversion 3 marks) 1 Equivalent Units Materials Conversion b) Roger Company uses the FIFO method in its process costing system. The Mixing departments the first department in the production process. Baking is the second department and Packaging is the third. The following data are taken from the accounting records of the Mixing department for me Beginning work in process inventory Cost $17.500 20,000 units TI HAI Conversion b) Roger Company uses the FIFO method in its process costing system. The Mixing departments the first department in the production process. Baking is the second department and Packaging is the third. The following data are taken from the accounting records of the Mixing department for June: Beginning work in process inventory Cost $17,500 Units 20.000 units Percentage completion: Materials 100% Conversion 60% Units completed and transferred out 75,000 units Cost per equivalent unit: Material $1.75 Conversion $0.50 Calculate the cost of the 75,000 units transferred out of the department during June Show your calculations. (6 marks)