Helox, Inc manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Quantity Schedule Units to be accounted for Work in process, April 1 (60% materials, 75% conversion cost added last month) Started into production Total units 23,500 190, 500 214,000 Costs in the beginning work in process inventory of the first processing department were materials. $4,700, and conversion cost, $16,300 Costs added during the month were materials, $70,000, and conversion cost, $401,450. Required: 1. Assume that the company uses the weighted average cost method of accounting for units and costs. Determine the equivalent units for the month for the first process. Quantity Schedule Equivalent Units (EU) Materials Conversion 203,300 Units accounted for as follows Transferred to the next process Work in process May 31 (all materials 60% conversion cost added this month Total units and equivalent units of production 10 700 214 000