71,000 360,000 2 31,000 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 datat Work in process inventory, May 1: Materials cost Conversion cost Cost added during May: Materials cost Conversion cost $ 90, 100 $ 46,400 $ 468,590 $ 255,335 Required: 1. Compute the equivalent units of production for materials and conversion for May. 2. Compute the cost per equivalent unit for materials and conversion for May 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the cost of units transferred out to the next department for materials, conversion, and in totalf 5. Prepare a cost reconciliation report for May nces Complete this question by entering your answers in the tabs below. Required: Required 2 Required Required 4 Required 5 Compute the equivalent units of production for materials and conversion for May. Materials Conversion Equivalent units of production Repuliona Required 2 > ogle C. and Google Inbox - Yeley Customers. Microsof... X Mcrosoft Excel - 062...