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Question 5 (20 marks) Dose Ltd produced industry-leading noise cancelling earphones. At the beginning of January, 40 000 units of earphones was in process, 100% complete as to raw materials and 60% complete as to conversion costs. During the month, 920 000 units were placed into production. At the end of the month, 80 000 units was in work in process inventory, 80% completed as to raw materials and 40% completed in terms of conversion costs. Assume that the following costs were recorded by Dose Ltd for the beginning work in process and the production performance for January Beginning inventory: Raw materials costs $ 24 000 Conversion costs 9 600 April production costs: Raw materials costs 542 400 Conversion costs 355 200 Q5 Required A Prepare a schedule of equivalent units for January (weighted average method). B. Calculate the unit cost for each equivalent unit of earphone C. Determine the total costs of earphone finished during January, What the balance of the ending work in process inventory