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18 Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking,
18 Builder Products, 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: points Skipped 79,000 440,000 eBook 39,000 Print Production data: Pounds in process, May 1; materials 100% complete, conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31: materials 75% complete, conversion 25% complete Cost data: Work in process inventory, May 1: Materials cost Conversion cost Cost added during May Materials cost References $ 100,200 $ 12,100 $ 521,085 Conversion cost $ 66,260 Check my w 18 The company uses the weighted average method. Required: 1. Compute the equivalent units of production points Materials Conversion Skipped Equivalent units of production eBook Print References 2. Compute the costs per equivalent unit for the month. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit
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