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 Complete Units Materials Conversion Work in process inventory, May 1 55,ce 100% Work in process inventory, May 31 35,000 100% 255 Materials cost in work in process inventory, May 1 $ 47,100 Conversion cost in work in process inventory, May 1 $ 12,900 Units started into production 247,500 Units transferred to the next production department 267,500 Materials cost added during May $ 66,825 Conversion cost added during May $ 186,000 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 2 Required Required 4 Required 1 Calculate the first production department's equivalent units of production for materials and conversion for May. Materials Conversion LV4U 4 POLE - Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May 247,500 267,500 $ 64,825 $ 186,000 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 4. Compute the first production department's cost of the units transferred to the next production department for materials, conver 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 LIVERY Units started into production 247,500 Units transferred to the next production department 267,5ee Materials cost added during May $ 64,825 Conversion cost added during May 5 186,000 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 of ending work in process inventory for materials, conversion, and in total for May (Round your intermediate calculations to 2 decimal places) Materials Conversion Total Cost of ending work in process inventory Units started into production Uniti transferred to the next production department Materials cost added during May Conversion cost added during May 247,500 267,500 $ 64,825 $ 186,000 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 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 Cost of units completed and transferred out Total (Required 3 Rok 4
