Solve and Answers the Questions:

3) Messana Corporation reported the following data for the month of August: Inventories Beginning Ending Raw hiaterials 53in\" $14,0lll} Work in process $110111] $110111} Finished goods $3T,D 3555,0110 Additional Information Raw Material purchases Direct Lahor cost Manufacturing lICIltrerhead incurred Indirect Materials included in maufacturiug overhead incurred Manufacturing overhead cost applied to Work in process Instruction l_PrepaIe the schedule of cost of goods manufactured. 2. Prepared the schedule of cost of goods sold. $693111} 5114,0111} $543111} $3,001} Hindi} 4} The PVC Comp-arr}.r manufacon'es a highquality plastic pipe that goes through three processing stages prior to completion. Information on work in the rst department Cooking, is given below for May: Production data; Pounds in process, May 1: materials 100% complete; conversion 90% complete ________________________ "30,000 Pounds started into production during May _____________________ 350,000 Pounds completed and transferred to the next department ________ 330,000 Pounds in process, May 31: materials T5924: complete; conversion 25% complete ________________________________ 40,000 Cost data: Work in process inventory, May 1: Materials cost _____________________________________________ $3 5,000 Conversion cost ___________________________________________ $36,000 Cost added during May: Materials eost ............................................. $441000 Conversion cost ........................................... $193,000 The oompanjr uses the weightedaverage method. whirled: 1. Compute the equivalent units of production. 2. Compute the costs per equivalem unit for the month. 3. Determine the cost of ending work in pro-cars inventor}.r and of the units transferred out to the next deparhnent; 4. Prepare a cost reconciliation report for the month. Q1. Cot-id 19 has caused an economic meltdown globally. Suppose, you are an owner of a popular export oriented ready made garments company in Bangladesh Ho's.r would your business have impacted due to the Corona outbreak? Answer the question based on your haowledge of product cost, period cost and CUP analysis UNLY. Q2. 1What will be the impact on a company's profit if sales mix shifts between low margin and high margin products? EimIain different possible scenarios