Maple INc manufacturers syrup that goes through three processingstages prior to completion. Information on work in the firstdeparment Blending is given below for August:Production Data:Pounds in process August 1;materials 100% complete; conversion 70%complete-3000Pounds started into production during August-85000Pounds completed and transferred out-?Pounds in process August 31; materisl 80% complete; conversion 30%complete-6000Cost Data:Work in process inventory August1: Materials cost-$900Conversion cost- $5900Cost added during May: Materials cost $151000Conversion cost-$161700the company uses the weighted average method.1. Compute the equivalent units of production2. Compute the costs per equivalent unit for the month.3. Determine the cost of ending work in process inventory and ofthe units transferred out ot the next deparment.4. Prpare a cost reconciliation schedule for the month.