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The attached screenshot is the question, please provide detailed calculation and explanation, thank you!! Question 3. (12 marks) Karlene Industries produces plastic Ice cube trays

The attached screenshot is the question, please provide detailed calculation and explanation, thank you!!

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Question 3. (12 marks) Karlene Industries produces plastic Ice cube trays in two processes: heating and stamping. All materials are added at the beginning of the Heating Department process. Karlene uses the weighted averaged method to compute equivalent units. On 1 November 2016, the Heating Department had in process 1,000 trays that were 70% complete. During November, it started into production 12,000 trays. On 30 November, 2016, 2000 trays that were 5096 complete were in process. The following cost information for the Heating Department was also available. Workin process, 1 November: Direct material (100% complete) 5640 Conversion costs (70% complete} 51$ Balance in work in process, 1 November m Costs incurred during November: Direct material $3,000 Conversion costs: Direct labour $2,341] Manufacturing overhead $3,050 $350 Total production costs incurred during November M Required: 1 Analysis of physical flow of units (2 marks} 2 Calculation of equivalent units (2 marks} 3. Calculation of unit: cost {4 marks) 4 Analysis of total costs {4 marks)

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