Check my work 2 Exercise 5-8 Equivalent Units: Cost per Equivalent Unit: Assigning Costs to Units-Weighted-Average Method [LO5-2, LO5-3, LO5-4) 4 Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow - Percent completo Units Bateria Conversion 62.000 100 30 42.000 100 20 $ 51,300 $ 14,600 255,200 275,200 $ 91,440 $ 209,444 Work in process inventory, May 1 Work in process inventory, May 3 Materials coat in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production Unite transferred to the next production department Materials cost added during May Conversion cost added during May 09 . Ferences Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion and in total for May. Complete this question by entering your answers in the tabs below. Recured 1 Required 2 Required 3 Required Calculate the first production department's equivalent units of production for materials and conversion for May. Materials Conversion 317.200 287.800 Equivalent units of production 5: Homework Sayed Help Save Method [LO5-2, LO5-3, LO5-4) Helix Corporation uses the weighted average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow: Unita 62,000 42,000 ok Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Percent complete Materials Conversion 100 30 100 20 $ 51,300 $ 14,600 255,200 275,200 $ 91,440 $ 209,444 ant int onces Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May. 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost per equivalent unit for materials and conversion for May (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit Prew 2 of 3 23 Next > Method [LO5-2, LO5-3, L05-4) Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow. ok Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory. May 1 Conversion cost in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Percent Complete Units Materia18 Conversion 62,000 100 30. 42,000 100 20 $ 51,300 $ 14,600 255,200 275,200 $ 91,440 $ 209,444 + COS Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requirdd 3 Required 4 Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materiais Conversion Total Cost of ending work in process inventory Method (L05-2, LO5-3, LO5-4) Helix Corporation uses the weighted average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow. Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Percent Complete Units Materials Conversion 62,000 1003 309 42,000 100 200 $ 51,300 14,600 255,200 275,200 $ 91,440 $ 209,444 Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May. 2. Compute the first production department's cost per equivalent unit for matrials and conversion for May, 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost of the units transferred to the next production 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
