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 Ma 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: 80,000 450,000 materials 60% complete, conversion 40% complete 40,000 Cost data Work in process inventory, May 1: Materials cost Conversion cost $ 116,900 s 35,800 Cost added during May: Materials cost Conversion cost $ 607,840 S 196,960 The company uses the weighted-average method. Required: 1. Compute the equivalent units of production. Materials Conversion Equivalent units of production 2 Compute the costs per equivalent unit for the month (Round your answers to 2 decimal places.) rials Conversion Cost per equivalent unit