Please answer Question 6 in Ai) Aii) Aiii) B) format! Thanks. Please write answer in bulk for each question please. Please answer to best of your ability. Thanks. Will give good rating.

Question 6 Paradise Inc. uses the weighted average method in its process costing system. The following data concern the operations of the company's first processing department, Cutting, for a recent month. 100 11,000 10,700 400 Production data: Units work in process, beginning; 70% complete with respect to materials and 80% complete with respect to conversion Units started into production during the month Units completed and transferred out Units work in process, ending; 50% complete with respect to materials and 20% complete with respect to conversion Cost data: Work-in-process, beginning: Materials cost Conversion cost Costs added to production during the month: Materials cost Conversion cost 525 1,696 83,405 223,606 Required: a) Prepare a production report for the first processing department. Use the following steps in preparing your report: i. Prepare a quantity schedule and a computation of equivalent units. (6 marks) ii. Compute the costs per equivalent unit for the month. (7 marks) iii. Using the data from Requirement (i) and (ii) above, prepare a cost reconciliation. (6 marks) b) What characteristics of the production process would lead a company to use process costing rather than job costing? give examples of companies that might use process costing. (6 marks)