Can I have help with #9 Please!!! please show work

9. Determine the amounts for the following. Show calculations for credit. a) Ending Work-in-Process Inventory in Units AND Dollars b) Ending Finished Goods Inventory in Units AND Dollars c) Cost of Goods Sold d) Over/Under Applied Manufacturing Overhead e) Gross Margin f) Income from Operations g) Net Income Manufacturing Process Information Sally's Sunglasses, a corporation, started a small manufacturing plant that fabricates polarized sunglasses. The manufacturing process starts by placing hot melted plastic in molds for the frames. After the molds are cooled, the frames are then prepared for the placement of the lenses. The lens material is a polarized plastic and each sheet of polarized plastic makes one lens. Once the polarized plastic for the lenses is fabricated for the sunglasses the lenses are then secured into the frame, the sunglasses are then inspected, next they are transferred to finished goods. This process is completely automated. Direct material, plastic-frames is added 100% at the beginning of the process. Lenses are added 100% at the end of the process. Conversion costs are added equally throughout the process. Conversion costs are 35% complete for ending inventory in work in process and the lenses are 0% complete as to ending inventory. At the beginning of the accounting period, Sally's Sunglasses estimated that production would be 20,000 sunglasses. Our predetermined factory overhead rate is based on an estimated FOH of $40,000 and the production of 20,000 sunglasses. This information is to be used to determine the application rate for factory overhead. . Estimated and actual direct labor costs totaled $28,050. Actual factory overhead costs totaled $36,000. The following information is available concerning direct materials. . Direct Materials-Plastic Beginning Inventory O pounds @ $7.00 per pound Purchase of Plastic 10,000 pounds @ $7.00 per pound Ending Inventory O pounds @ $7.00 per pound Each pair of sunglasses contains a half pound of plastic for the frames. The company starts 20,000 sunglasses for the period. Direct Materials-Lenses Beginning Inventory Purchases Ending Inventory O sheets of polarized plastic @ 8.31 per sheet 40,000 sheets of polarized plastic @ 8.31 per sheet 4,000 sheets of polarized plastic @ 8.31 per sheet 1 sheet of polarized plastic makes one lens. The Work-in-Process account has the following information Beginning Work-in-Process contains 0 frames Ending Work-in-Process contains 2,000 frames The Finished Goods account has the following Information Beginning Finished Goods contains 5,400 sunglasses Ending Finished Goods contains 5,900 sunglasses The selling price is $50.00 for each pair of sunglasses. Selling and Administrative Costs totaled $180,000 and the tax rate is 30%. 1. Predetermined OH Rate Est. OH Est. Prod. Units Predetermined OH Rate = $ $ $ 40,000.00 20,000.00 2.00 5. The total number of Sunglasses to account are: Beginninng WIP 0 20000 Sunglasses to Account for 20000 Started 3. Equivalent Units Schedule: Whole Units (Actual) Beginning Start/Completed 18000 Completed/T.O. 18000 Ending(35% complete) 2000 Total 20000 DM Plastic Frame 0 18000 18000 DM Polarized Lenses Conversion Costs 0 0 18000 18000 18000 18000 2000 20000 0 3000 700 187or! 4. Total Cost of Plastic: 10000 plastic purchased $7.00 cost per pound Total Cost of Plastic = $ 70,000.00 Cost per plastic frame: $ 70,000.00 total cost of plastic 20000 sunglasses Cost per plastic frame = $ 3.50 per plastic frame 5. Total cost of polarized lenses: : 36000 polarized sheets used $8.31 per polarized ssheet Total cost of polarized lenses = = $ 299,160.00 WIP Beg Materials $ Beg Conversion Cost $ Total Beg TOlar $ DM Plastic Frame an $ 70,000.00 DM Polarized Lenses $ 299,160.00 Direct Labor $ 28,050.00 FOH $ 37,400.00 Cost per pair of sunglasses: $ 299,160.00 Total Cost polarized lenses $ 36,000.00 polarized sheets used Cost per pair of Lense $ Cost per pair of sunglasses $ 16.62 8.31 Total $ 434,610.00 6. Total Conversion Cost= Conversion Cost per of SG= $ $ 65,450.00 3.50 5. Total Equivalent Cost per SG=E18+E21+E24= $ 23.62 Production Report: DM Plastic Frame DM Polarized Lenses Conversion Costs Total Costs to Account For $ $ $ $ $ $ $ S $ $ Beginning WIP IDM Plastic DM Polarized Lenses 70,000.00 $ 63,000.00 $ 299,160.00 $ 63,000.00 $ 425,160.00 $ 299,160.00 Beginning Beginning WIP Started and Completed Costs Transferred to Finished Goods Ending Costs of WIP Total Costs $ $ $ $ 425,160.00 Direct Labors $ 28,050.00 9450.00 $ $ 7,000.00 $ 70,000.00 $ S 299,160.00 $ 2,450.00 $ 65,450.00 $ 434,610.00 FOH Total Costs $ 37,400.00 $ 434,610.00