Cation.com/ext/map/inde 3 Earth Science YouTube Course Home Homepage - Elgin. M McGraw-Hill Conn... Pinterest - The... M Gmail Saved work (1) uilder Products, Inc., uses the weighted average method in its process costing system. It manufactures a caulking co oes through three processing stages prior to completion. Information on work in the first department, Cooking, is giv- ay: 61,000 260,000 2 21,000 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 808 complete; conversion 20% complete Cost data: Work in process inventory, May 1: Materials cost Conversion cost Cost added during May: Materials cost Conversion cost $ 58,800 $ 21,100 $305,520 $115,790 Dourad 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 61,000 260,000 7 SK ices 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 proceso, May 31: materials 80complete conversion 209 complete Cost data: Work in process inventory, May 1: Materials cost Conversion cost Cost added during May 1 Materials cost Conversion cost 21,000 $ 58,800 $ 21,100 $305,520 $115,790 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