Builder Products, Inc, uses the weighted-average method in ts 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 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials 8ek complete: conversion 20% complete Cost data: Nork in process Inventory, May 1: 85,000 see.eee 45,000 Materlals cost $135,700 s 22,000 Conversion cost Cost added during Maya Materials cost Conversion cost 705,260 $120.740 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 Complete this question by entering your answers in the tabs below. Required 5 Required 3 Required 4 Required 2 Required 1 Compute the equivalent units of production for materials and conversion for May. Materials Conversion Equivalent units of production