Need help solving both problems

3. (10 points) Anchor Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning Units in process 20,000 Costs in the beginning inventory: Materials cost Conversion cost $105,000 S140,000 Units started into production during the month Units completed and transferred out 130,000 120,000 Costs added to production during the month: Materials cost Conversion cost S600,000 $763,000 Work in process, ending: Units in process % of completion with respect to materials % of completion with respect to conversion 30,000 70% 30% Required: Prepare a process costing departmental production report (calculation of equivalent units, cost per equivalent unit, and cost reconciliation) for the department using the weighted average method. Round the cost per unit to the nearest cent. 4. (6 points) The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $ 189,400 Sales in units 210 pairs Variable selling expense per pair of skis $ 22 Variable administrative expense per pair of skiss 20 Total fixed selling expense $ 27,000 Total fixed administrative expense $ 32,000 Beginning merchandise inventory $ 20,000 Ending merchandise inventory $ 30,000 Merchandise purchases $ 120,000 Note: to calculate COGS you will need to use the following equation: Beg. Merch. Inventory + Merch. Purchases - End. Merch. Inventory. COGS is a variable expense. Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit