Question 4 E410 Time allowed: 20 minutes Helox Ltd manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Units to for: Work in I May (all rnarids, 40% corvers01 last m 07th) Started into groduction units for as to the process Work in mogress, 31 M,' (all materials, conversion cost added this rTDnth) Total units QuM1tIW scheduk 5 ooo 1800m Eq uivalent Lmits Materials Conversion Total cost 17s,mo 185 mo Costs in the beginning work in progress stock of the first processing department were: materials, El,200; and conversion cost, E3,800. Costs added during the month were: materials, 54,000; and conversion cost, 352,000. Required 1. 2. Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent units for the month for the first process. Compute the costs per equivalent unit for the month for the first process.