given below for May: 80,000 450,000 40,000 Production datat Pounds in process, May 1; materials 1001 complete conversion 901 complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materials con complete conversion 40% complete cont datai Work in process inventory, May 11 Materials cost Conversion cost Cost added during May Materials cont Conversion cont bok $. 116.900 $ 35,800 int onces $ 607,840 $ 196.960 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: Required 2 Required 3 Required 4 Required Compute the equivalent units of production for materials and conversion for May. Materials Conversion Cost added during May! Materials cast Conversion cost $ 607,840 $ 196,960 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. Materials Conversion Equivalent units of production Required 1 Required 2 >