#1. Regal Polish manufactures a single product in one department and uses a process costing system. At the start of May, there were 11,400 units in process that were 100% complete with respect to direct materials and 60% complete with respect to conversion costs (labor and overhead). During the month, the company began production of 102,600 units. Ending Work in Process inventory consisted of 5,140 units that were 100% complete with respect to material and 80% complete with respect to conversion costs. (USING WEIGHTED AVERAGE METHOD).

Cost Information	Beginning Work in Process	Costs Added in May
Direct Material	$4,310	$76,000
Direct Labor	130	8,040
Manufacturing Overhead	370	9,300
Total	$4,810	$93,340

1. Calculate the cost per equivalent unit for each of the 3 cost items and in total. Round each answer to 4 decimal places. Material= ? Labor= ? Overhead=? Total=?

2. Calculate the cost of items completed in May and the cost of Ending Work in Process. Round answers to 2 decimal places.

3. Reconcile the sum of the two costs in PART B to the sum of Beginning Work in Process and costs added in May (Note: Totals may be off due to rounding). Round answer to 2 decimal places.

-Beginning WIP= ? -Cost Added=? -Total=? -Cost of Items Completed=? -Cost of Ending WIP=? -Total=?