Check my wort Builder Products, Incorporated, uses the weighted average method in its process costing system. It manufactures a coulking 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, Hay 1: materials 1001 complete conversion so complete 10,00 Pounds started into production during May 100,00 Pounds completed and transferred out Pounds in process, May 31: materials 601 complete conversion 204 complete 15,000 Cost datai Work in process inventory, May 11 Materials cost $ 1.500 Conversion cost $ 7,200 Cost added during May Materials cost $ 154,500 Conversion cost $ 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 4 Required 5 Required Compute the equivalent units of production for materials and conversion for May Materials Conversion Equivalent units of production puede 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. ces Required 1 Required 2 Required 3 Required 4 Required Compute the cost per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Materials Cost per equivalent unit + Conversion 11 of 11