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4 20 points Skipped Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried
4 20 points Skipped Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow Work in process inventory, May 1 Mork is process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Unite started into production Usita Materials 79,000 100% 58,000 1004 Percent Complate Conversion 50% 306 $61,200 253,200 273,200 Conversion cost added during May He Unite transferred to the next production department Materials cost added during May PIE Rec Required: $137,520 260,876 1. Calculate the first production department's equivalent units of production for materials and conversion for May, 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Calculate the first production department's equivalent units of production for materials and conversion for May Materiale Conversion Equivalent unts of production Check my work 4 20 points paddes Prot References steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion coat in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion coat added during May Required: Percent Complete Unite Materials 78,000 Conversion 100% $8,000. 100% 50% 30% 061,200 $19,100 253,200 273,200 $137,520 260,876 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit Check my w 4 20 points Skipped steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production eBook Units transferred to the next production department Materials cost added during May Conversion cost added during May Percent Complete Units Materials 70,000 100% Conversion 50% 58,000 100% 30% $ 61,300 10,100 253,200 273,200 $137,520 $260,876 Print References Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Cost of ending work in process inventory Materials Conversion Total Check my work 20 points Skipped steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow Mork in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion coet in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Required: Percent Complete Units Materials 78,000 100% 50,000 100% Conversion 50% 30% $61,200 10,100 253,200 273,200 137,520 240,676 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Compute the first production department's cost of the units transferred to the next production department for matenals, conversion, and in total for May (Round your intermediate calculations to 2 decimal places.) Cost of units completed and transferred out Materials Conversion Help Save & Exit Submit Check my work
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