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SolarTech Company manufactures a special lacquer, which is used in the aeronautical and space industries. Two departments are involved in the production process. In the

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SolarTech Company manufactures a special lacquer, which is used in the aeronautical and space industries. Two departments are involved in the production process. In the mixing department, various chemicals are ervered into production. After processing the Mining department transfers a chemical to the Finishine Department. In the Finishing department raw material is added at the beginning of the process, conversion costs are added evenly throughout the process. The following information relates to production during November in the Finishing department Units: Beginning work in process inventory 40,000 units Transferred in from Mong Department during 190.000 units November 180,000 units Completed during November 50,000 units Ending work in process (80% complete as to conversion cost) Costs Beginning work in process inventory transferred in 514,900 Cost $110.500 Beginning work in process inventory materials cast 525.000 Beginning work in process inventory conversion $100,100 cost $430,000 Transferred in from Mixing Department during CI Beginning work in process inventory materials cost Beginning work in process inventory conversion cost Transferred in from Mixing Department during November Materials cost added during November Direct Labor Manufacturing Overhead $25,000 $100,100 $430,000 $128,000 $192,000 Requirements: (50 points) 2. Prepare a timeline for Finishing Department b. Compute the equivalent units and cost per equivalent units for Finishing Department (Prepare the table) C Compute the total cost of units completed and transferred out to the Finished Goods and ending inventory of Finishing Department d. Prepare a T-account for work in process inventory Finishing to show its activities during November

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