You are making cupcakes to sell on campus for a charity event. You planned to spend three nights to Percent Complete Units Materials Conversion Work in process, Ending of Day 1 20 80 % 70 % Cupcakes started during Day 2 80 Work in process, Ending of Day 2 30 70 % 40 % Cost in the beginning inventory of cupcakes: Materials $ 2.29 Conversion $ 11.67 Cost added to production in September Materials $ 10 Conversion $ Compute the equivalent units of cupcakes being made for both materials and conversion 1 costs for Day 2 2 Calculate the materials cost and conversion cost per equilvalent unit of cupcakes. 3 What is the total cost of Work in process, cupckaes at the end of Day 2? 4 What is the total cost of the cupcakes that are COMPLETED on Day 2? 50