Builder Products, Inc, uses the weighted-average method in its process costing system. It manufactures a goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May caulking compound that 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 60% 55, 000 330, 000 2 complete: conversion 40% complete 15,000 Cost data: Work in process inventory, May 1: Materials cost Conversion cost s 78,900 S 23,700 Cost added during May: Materials cost Conversion cost $410,010 $130, 460 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 total for May 5. Prepare a cost reconciliation report for May Prev 301 3 Next Materials cost Conversion cost $410,010 $130, 460 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 4. Compute the cost of units transferred out to the next department for materials, convers 5. Prepare a cost reconciliation report for May Complete this question by entering your answers in the tabs below. Required 1 Required 2Required 3Required 4 Required 5 Prepare a cost reconciliation report for May. (Round your intermediate calculations to 2 deci ma Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows Total cost accounted for Required 4 Pre Com-Ho.. FedEx Office Portal Page G Google e Pounds completed and transferred out pounds in process, May 31; materials 60% complete: conversion 40% complete Cost data: 15,000 Work in process inventory, May 1: Materials cost Conversion cost s 78,900 23,700 Cost added during May: Materials cost Conversion cost $410, 010 $130,460 equired: Compute the equivalent units of production for materials and conversion for May Compute the cost per equivalent unit for materials and conversion for May. Compute the cost of ending work in process inventory for materials, conversion, and in total for May Compute the cost of units transferred out to the next department for materials, conversion, and in tota Prepare a cost reconciliation report for May Complete this question by entering your answers in the tabs belovw Required 31 quired 41 Required S: Required 1 Required 2 Compute the cost of units transferred out to the next department for materials, conversion, and in total for Ma intermediate calculations to 2 decimal places.) Total Materials Conversion Cost of units completed and transferred out Required 5 Required 3 -Prev 3 of 3 Pounds completed and transferred out pounds in process, May 31; materials 60% complete conversion 40% complete 15,000 Cost data: Work in process inventory, May 1: Materials cost Conversion cost s 78,900 23,700 Cost added during May: Materials cost Conversion cost $410,010 $130,460 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 tota 4. Compute the cost of units transferred out to the next department for materials, conversion, 5. Prepare a cost reconciliation report for May Complete this question by entering your answers in the tabs below. Required 1 RequlRequired S Required 4 Required 5 Compute the cost of ending work in process inventory for materials, conversion, and in total for May intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Required 2 Required4 Prev Page G Go Pounds completed and transferred out pounds in process, May 31; materials 60% complete: conversion 40% complete Cost data: 15,000 Work in process inventory, May 1: Materials cost Conversion cost S 78,900 23,700 Cost added during May: Materials cost Conversion cost $410, 010 $130,460 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 fo 4. Compute the cost of units transferred out to the next department for materials, conversion, and 5. Prepare a cost reconciliation report for May Complete this question by entering your answers in the tabs bel Required 3 Required 4 Required 5 Required 1 Reuaired 2 Compute the cost per equivalent unit for materials and conversion for May. (Round your answers to 2 d Materials Conversion Cost per equivalent unit Required 3 Required 1 Prev Pounds completed and transferred out pounds in process, May 31; materials 60% complete; conversion 40% complete 15,000 Cost data: Work in process inventory, May 1: Materials cost Conversion cost $ 78,900 S 23,700 Cost added during May: Materials cost Conversion cost $410,010 $130,460 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 4. Compute the cost of units transferred out to the next department for materials, c 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 Required5 Compute the equivalent units of production for materials and conversion for May. Materials Conversion Equivalent units of production Required 2