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:

Production data:
Units in process, May 1: 100% complete as to materials and 80% complete as to labour and overhead		15,900
Units started into production during May		119,000
Units completed and transferred out		109,000
Units in process, May 31: 60% complete as to materials and 20% complete as to labour and overhead		?
Cost data:
Work-in-process inventory, May 1:
Materials cost	$	2,450
Labour cost		3,120
Overhead cost		6,900
Cost added during May:
Materials cost		178,000
Labour cost		31,200
Overhead cost		80,800

Materials are added at several stages during the cooking process, whereas labour and overhead costs are incurred uniformly. The company uses the weighted average cost method. The company combines labour and overhead into a single cost categoryconversion cost.

Required: Prepare a production report for the cooking department for May. Use the following three steps in preparing your report:

1. Prepare a quantity schedule and a computation of equivalent units.

	Quantity Schedule
Units to be accounted for:
Total Units

		Equivalent Units (EU)
	Units	Materials	Labour	Overhead
Units accounted for as follows:
Total units and equivalent units of production

2. Compute the costs per equivalent unit for the month. (Round your answers to 3 decimal places.)

	Materials	Labour	Overhead
Cost per equivalent unit

3. Using the data from parts (1) and (2), prepare a cost reconciliation. (Round "Cost per equivalent unit" to 3 decimal places and the rest to the nearest dollar amount.)

Note: There is difference of "$46" in both the values due to rounding and we feel a note which reads: "Due to rounding, your "Cost accounted for" may not be equal to "Cost to account for"".

		Equivalent Units (EU)
	Total Cost	Materials	Labour	Overhead
Cost accounted for as follows:
Work in process, May 31:
Total work in process	0
Total cost	$. 0

4. Prepare a production report for the cooking department for May. Assuming the company uses the FIFO method. Follow parts (1) to (3). (Leave no cells blank, enter "0" wherever required. Round "Cost per equivalent unit" to 3 decimal places and the rest to the nearest dollar amount.)

Quantity Schedule and Equivalent Units

	Quantity Schedule
Units to be accounted for:
Total units

		Equivalent Units (EU)
	Units	Materials	Labour	Overhead
Units accounted for as follows:
Total units and equivalent units of production

Cost per Equivalent Unit

	Materials	Labour	Overhead
Cost per equivalent unit

Cost Reconciliation

Note: There is difference of "$46" in both the values due to rounding and we feel a note which reads: "Due to rounding, your "Cost accounted for" may not be equal to "Cost to account for"".

		Equivalent Units (EU)
	Total Cost	Materials	Labour	Overhead
Cost accounted for as follows:
Pior period cost in Work in Process, May 1	$12,470
Cost incurred during May:
To complete units in Work in Process, May 1
Total
To partially complete units in Work in Process, May 31
Total
Total Cost
Cost transferred out, May 31