Lancer Company uses the weighted -average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process 5,000 Percent completed with respect to materials---- 90% Percent completed with respect to conversion--------------80% Cost in the beginning inventory: Materials cost ----- $13,400 Conversion cost------- $ 8, 200 Units started into production during the month--- - ? Units completed and transferred out during month----- 30,000 Costs added to production during the month: Materials cost ------- --- $.87, 800 Conversion cost ---------- $.93,000 Work in process, ending: Units in process------------- 4,000 Percent completed with respect to materials-------- 75% Percent completed with respect to conversion--- - 50% Required: 1) Prepare a worksheet showing 4 steps: number of units to account for; the number of equivalent units produced; the cost per equivalent unit, and the assignment of costs. 2) Answer the following questions from the work sheet you prepared: a) What is the number of equivalent units of direct material under FIFO ?--- b) What is the number of equivalent units of conversion cost under weighted average c) Determine the total cost per equivalent unit (WA)-- d) Determine the cost of ending inventory (WA)- e) Determine the cost of good units transferred out(WA)-- f) How much is total cost accounted for