Please help with "Part E", thank you!

Problem IV. 30 Points) ROMALY, INC. has several processing departmen the Forming Department for December 2 008 totaled S1,505,000 as follows: Work in Process (WIP) WIP Beg. Bal. December 1 Physical Units Units % Completed COST- DOLLARS (S Materials | Conversion costs Total WIP. December Started into production Costs Added S 40,000 70% 25% 50,000 35,000 $ 75,00 440,000 Materials added Labor Manufacturing Overhead Total Conversion Costs $ 1,173,800 $ 110,000 146,200 256,200 Total Cost added Total Department Costs (WIP WIP-End Bal. December 31 1,430 $ 1.505 Materials Conversion costs 80% 40% 70,000 Required: Compute the physical unit flow, step 1 Determine the equivalent units of production for materials and conversion costs, step 2 Compute the unit cost of production, step 3 Determine the costs to be assigned to the units transferred out and in process. Prepare a production cost report for the Forming Department for the month of December. a. c. d. e. Problem IV: FOUR SPETS TO PREPARE PRODUCTION COST REPORT FORMING DEPARTMENT INFORMATION UNITS nni ventory) DIRECT MATERIALS CONVERSION COSTS Units X 40 % COMPLETED Units X 2(5 %COMPLETED LA UNITS STARTED IN PRODUCTION DURING DECEMBER | UNITS COMPLETED ANDTRANSFERREDOUT TO PACKING DIRECT MATERIALS: CONVERSION COSTS:tn UnitsX Units X Sh% COMPLETED COSTS tory) DIRECT MATERIALS CONVERSION COSTS TOTAL COST OF WIP. Dec/I (Beginning Inven DIRECT MATERIALS CONVERSION COSTS (DLS TOTAL COST ADDED IN DECEMBER INTO WI TOTAL WIP MANUFACTURING COSTS IN DECEMIB