Tambin inc, produces a gasoline additive that, when added to the gas tank of the average automobile, is designed to increase gas mileage by 15\%. The company's controler suspects that the year-end dollar balances shown below in the inventory accounts may be incorrect There were no finlshed goods inventorles at the beginning of the year. The company uses the weighted-average method of process costing. There is only one processing department. A review of the company's inventory and cost records shows the following: Required: 1. Delermine the equivalent units and the costs per equivalent unit for materials and conversion for the year. (Round your "Cost per equivalent unit" onswers to 2 decimal pleces.) 2. Determine the amount of cost that should be assigned to the ending work in process and finished goods inventorles: 3. Prepare the necessary correcting journal entry to adjust the work in process and finished goods inventories to the correct balances as of December 31. (Round intermediate colculotions to 2 decimal places.) Journal entry worksheet Record the entry to adjust the work in process and finished goods inventories Note: Enter dehits before credits. 3. Prepare the necessary correcting journal entry to adjust the work in process and finished goods inventories to the correct balances as of December 31. (Round intermediate colculations to 2 decimal places.) Journal entry worksheet Record the entry to adjust the work in process and finished goods inventories Fote: finter debits before credits