10,000 Space X Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: Production data: Pounds in process, May 1; materials 100% complete; conversion 80% complete... Pounds started into production during May. 100,000 Pounds completed and transferred out.. ? Pounds in process, May 31; materials 60% complete; conversion 20% complete... 15,000 Cost data: Work in process inventory, May 1:... Materials cost. $1,500 Conversion cost $7,200 Cost added during May: Materials cost. $154,500 Conversion cost. $90,800 Compute the costs per equivalent unit for the month. (5 points)