Builder Products, Inc., uses the weighted-average method in its process costing system. It 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: Pounds in process, May 1; materials 1008 complete; conversion 908 complete 87 , 000 Pounds started into production during May 520, 000 Pounds completed and transferred out Pounds in process, May 31; materials 75% complete; conversion 258 complete 47, 000 Cost data: Work in process inventory, May 1: Materials cost $142, 100 Conversion cost $ 63 , 300 Cost added during May: Materials cost $738, 870 Conversion cost $348 , 360 quired: 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 total for May. 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the equivalent units of production for materials and conversion for May. Materials Conversion Equivalent units of production Required 1 Required 2 >