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 follows: Production data: Pounds in process, May 1; materials 100% complete; conversion 80% complete 10,000 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 The company uses the weighted-average method. Requirement 1: Compute the equivalent units of production for the following: Materials______ Conversion____________ (I know that I must add the units transferred out during the period and the equivalent units in ending work in process inventory but I do not know how to calculate the pounds completed and transferred out.) If someone could fill in that question mark with work shown and the equivalent units of production for materials and conversion then I will award them lifesaver points (must be first person who is correct). Thank you.

thanks for the help but I was able to solve the problem the answer is

Materials:104,000 Conversion:98,000

Cost per equivalnt unit:

Materials: $1.50 Conversion:$0.92 (this is incorrect, as the guru points out the answer is $1)

Working on cost of ending work in process inventory :

Materials: 13,500 Conversion: 3,000

and cost of units completed and transfered out: