Assignment 2) Process Costing 25\% HAl performs surface treatment on aluminium in two stages. The Anodising Department where the surface is treated by immersing the product in processing baths. The Dyeing Department where the product is coloured after anodising, ensures variation and many design possibilities. The company uses the weighted average method (WAM) in the process costing system. The following information pertains to the operations of the anodising Department for February. Cost in the beginning work in progress inventory and cost added during February were as follows for the anodising department: Question 1 A. Calculate work in progress inventory ending February, and prepare a quantity schedule and a computation of equivalent units for February. Question 2 A. Compute the costs per equivalent unit for February. Question 3 A. Using the data from above questions and case, prepare a cost reconciliation. Question 4 Comment with 1-2 sentences on the following statements. Not connected to previous questions. Please start your comment with either "True" or "False": A. "If beginning work in progress equivalent units are 2,500 , equivalent units started in production in current period are 3,800, and ending work in progress equivalent units are 5,000 , then complete equivalent units transferred out in current period are 1,200 " B. "Conversion cost is the combination of direct labor costs and manufacturing overhead costs" C. "Process costing is suitable for companies that produce homogeneous products on a continuous basis