The Finishing Department of Palm Manufacturing Company has the following production and manufacturing cost data for August: Work In Process inventory, Beginning Balance 7,000 Units started into production 54,000 Work In Process inventory, Ending Balance 9,000 Units transferred to next production department 52,000 Materials Percentage completion WIP, Beginning Balance 60% Percentage completion WIP, Ending Balance 70% Costs details Materials Costs Beginning Balances AED 5,000 Costs added during the month 119,762 Conversion 30% 40% Conversion AED 3,000 59,828 Assume that the company uses the weighted average method of accounting for units and cost Assume that the company uses the weighted-average method of accounting for units and cost Instructions: Compute the following: (show all calculations) 1- Equivalent units of production (11 marks): 2. Unit Production cost as follows: a- Direct material cost per unit (4 marks): b- Conversion cost per unit (4 marks): 3- The total cost of completed units as follows: a- b- a- Direct material cost for completed units (4 marks): b- Conversion cost for completed units (4 marks): 4. The total cost of ending work in process as follows: a- Direct material cost for completed units (4 marks): b- Conversion cost for completed units (4 marks): a- b- 3 (12pt) TT TT Paragraph Arlat %DO