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Bullder Products, Inc., uses the welghted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to

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Bullder Products, Inc., uses the welghted-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: 10,000 100,000 Production data Pounda in process, May 1: material: 100% complete; conversion 80% complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31, materials 60% complete conversion 208 complete Cont datai Work in process inventory, May 1 Materiale cost Conversion cont Cont added during May! Materials cont Conversion cont 15,000 $ 1,500 $ 7,200 $154,500 $ 90,800 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 1 Required 2 Required 3 Required 4 Required 5 Compute the equivalent units of production for materials and conversion for May. Drau Next

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