Check my wor 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 points Skipped 89,000 540,000 eBook Production datat Pounds in process, May 1; materials 100 complete; conversion 901 complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31 materials 800 complete Conversion 201 complete cont datal Work in process inventoryMay 11 Materials cost. Conversion cost Cost added during May Materiale cost conversion coat 60,000 $124,400 $ 61,700 $646,850 $339, 190 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 our answers in the tahe hain Cost added during May: Materials cost Conversion cost $646,850 $339,190 ed 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, 5. Prepare a cost reconciliation report for May. ances 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 Required 2 > N O D . M Google Drive 1drv Blackboard CATME y bua 325 in Linkedin Chapter 04 Pre-Built Problems Saved Cost added during May. Materials cost Conversion cost $646,850 $339, 190 points Sped 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 4. Compute the cost of units transferred out to the next department for materials, conversion, and 5. Prepare a cost reconciliation report for May Book Print References Complete this question by entering your answers in the tabs below. Required 1 Reglared 2 Required 3 Required 4 Required 5 Compute the cost per equivalent unit for materials and conversion for May. (Round your answers to 2 Materials Conversion Cost per equivalent unit ( Required 1 Required 3 > Help Cost added during May Materials cost Conversion cost $646,850 $339, 190 ipped 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. Book Print ferences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the cost of ending work in process inventory for materials, conversion, and in total for May. (Round your Intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Thapter 04 Pre-Built Problems Saved Help Save & E Chec Cost added during May Materials cost Conversion cost $546,850 $ 339,190 Skipped 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. Book Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units completed and transferred out Required 3 Required 5 > Help Save & Exit Check reyuncu 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 econciliation report for May Skipped Complete this question by entering your answers in the tabs below. Book Required 1 Required 2 Required 3 Required 4 Required 5 Print Prepare a cost reconciliation report for May. (Round your intermediate calculations to 2 decimal places.) aferences Cost Reconciliation Costs to be accounted for: Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Required 4
