SECTION Answer all questions from this section the P 2 9 A company makes several lines of automobiles a r e a competitive marketplace, so it relies heavily on costing system The Company controller collected the following data report in order to review the product costing information that one of the lines 00 Equivalent Units 36205 Manufacturing Costs OM MOH aplies 18:23 Unit Cost Data Work In Process Inventory Beginning 70% complete 4256 Ending (30% complete Units started and completed during 2012 folled to 35.400 Attached to the beginning Work in process inventory wet OM Conversion Costs of $57 010 of STES, 889 y Required: 1. Prove that the given information of Equivalent Units of Oman O preparing a Schedule of Equivalent production for 2012 2. Prove that the given information of Unit Cost Date of OM and CEO preparing a Unit Cost Analysis Schedule for 2012 3. Prepare a Cost Summary Schedule for 2012 SECTION A Answer all questions from this Section Total for this question: 6 marks A company makes several lines of automobile and truck tires The Company operates in a competitive marketplace, so it relles heavily on cost data from its FIFO process costing system. The Company controller collected the following data related to 2012 and prepared her report in order to review the product costing information that supports price decision on one of the lines. Units Dollars Equivalent Units 84,200 CC 82,800 Manufacturing Costs DM 1,978,700 800,400 MOH applied 1,600,800 Unit Cost Data 23. 50 Work In Process Inventory: 29.00 Beginning (70% complete) 4,200 Ending (30% complete) 3,800 Units started and completed during 2012 totalled to 80,400. Attached to the beginning Work in process Inventory were DM costs of $123,660 and Conversion Costs of $57,010. DL DM cc Required: 1. Prove that the given information of Equivalent Units of DM and CC is correct by preparing a Schedule of Equivalent production for 2012 2. Prove that the given information of Unit Cost Data of DM and CC is correct by preparing a Unit Cost Analysis Schedule for 2012. 3. Prepare a Cost Summary Schedule for 2012