Helix Corporation 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 Complete

Units Materials Conversion

Work in process inventory, May 1 $ 63,000 85 % 50 %

Work in process inventory, May 31 $ 43,000 60 % 30 %

Materials cost in work in process inventory, May 1 $ 51,800

Conversion cost in work in process inventory, May 1 $ 14,700

Units started into production 247,200

Units transferred to the next production department 267,200

Materials cost added during May $ 352,540

Conversion cost added during May $ 212,181

Required:

1. Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent units for May for the first process.

Equivalent units of production Materials Conversion

2. Compute the costs per equivalent unit for May for the first process. (Round your answers to 2 decimal places.)

Cost per equivalent Materials Conversion

3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in May. (Round your intermediate calculations to 2 decimal places.)

Total

Cost of ending work in process inventory

Cost of units and transferred out