Selzik Company makes super-premium cake mixes that go throughtwo processing departments—Blending and Packaging. The followingactivity was recorded in the Blending Department during July:Production data: Units in process, July 1 (materials 100% complete;conversion 30% complete) 10,000 Units started into production170,000 Units in process, July 31 (materials 100% complete;conversion 40% complete) 20,000 Cost data: Work in processinventory, July 1: Materials cost $ 8,500 Conversion cost $ 4,900Cost added during the month: Materials cost $ 139,400 Conversioncost $ 244,200 All materials are added at the beginning of work inthe Blending Department. The company uses the FIFO method in itsprocess costing system. Required: 1. Calculate the BlendingDepartment's equivalent units of production for materials andconversion for July. 2. Calculate the Blending Department's costper equivalent unit for materials and conversion for July. 3.Calculate the Blending Department's cost of ending work in processinventory for materials, conversion, and in total for July. 4.Calculate the Blending Department's cost of units transferred outto the next department for materials, conversion, and in total forJuly. 5. Prepare a cost reconciliation report for the BlendingDepartment for July.