Tambin lnc. prodaces a gasoline additive that. when added to the gas tank of the average automoble, is designed to increase gas mileage by 20%6. The company s controller suspects that the yeat-end dollar balances shown below in the inventory accounts may be: ncarfect. There were no finished goods inventories 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 compony's inventory and cost records shows the following: Required: 1. Determine the equivalent units and the costs per equivalent unit for materiats and conversion for the year. (Round your "Cost per pquivalent unit" answers to 2 decimal places.) 2. Determine the amount of cost that should be assigned to the ending work in process and finished goods inventories. 3. Prepare the necessary correcting Journal entry to adjust the work in process and finished goods inventories to the correct balances is of Decembet 31, (Round intermediate calculations to 2 decimal places.) Journal entry worksheet Record the entry to adjust the work in process and finished goods inventories Note: Ereer debits belorie creder. 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 calculations to 2 decimal places.) Journal entry worksheet Record the entry to adjust the work in process and finished goods inventories Note: linter dubits before credits