Work in Process Account Data for Two Months; Cost of Production Reports Hearty Soup Co. uses a process cost system to record the costs of proceswing soup, which requires the cooking and filing processes. Materials are entered from the cooking process at the beginning of the fuling process. The inventory of Work in Process Filling on April 1 and debits to the account during April were as followst During Apeil, 1,000 units in process on April 1 were completed, and of the 23,400 units entering the department, all were completed except 1,800 units that were 20\%6 completed. Charges to Work in Process-Filling for May were as follows: During May, the units in process at the beginning of the month were completed, and of the 26,900 units entering the department, all were compieted except 1,300 units that were 80% completed. 1. Enter the balance as of Apri 1 in a fourcolimn account for Work in Process-Filling. Record the debits and credits in the account for April, Construct a cost of production report and present computations for determining (a) equivalent units of production for materials and conversion; (b) cost per equivalent unity (c) cost of goods finished, differentiating between units started in the prior period and units started and finished in April; and (d) work in process inventory. If an amount box does nok requice an entry, leave it blank. If an amount is zero, enter in a zero "0". Round cost per unit answers to the nearest cent. Costs charged to production: Inventory in process, April 1 Costs incurred in April Total costs accounted for by the Filling Department Cost allocated to completed and partially completed units: Inventory in process, April 1 balance (c) To complete inventory in process, April 1 (c) Cost of completed April 1 work in process Started and completed in April (c) Transferred to finished goods in April (c) Inventory in groces5, April 30 (d) Total costs assigned by the Filling Department 2. Provide the same information for May by recording the May transactions in the four-column work in process account. Construct a cost of production report and present the May computations (a through d) listed in part (1). If an amount box does not require an entry, leave it blank. If an amount is zero, enter in a zero "0". Round cost per unit answers to the nearest cent. Costs charged to production: Inventory in process, May 1 Costs incurred in May Total costs accounted for by the Filing Defortment Cost allocated to completed and partially completed units: Inventory in process, May 1 balance (c) To complete inventory in process, May 1 (c) Cost of completed May 1 work in process Started and completed in May (c) Transferred to finished goods in May (c) Inventory in process, May 31 (d) Total costs assigned by the Filling Department 3. The cost per equivalent unit for direct materiais from March to May. The cost per equivalent unit for conversian costs from March to May. These changes: be investigated for their underiying causes, and any necessary corrective actions should be taken