Help Sa Weatherly Lumber Company processes wood pulp for manufacturing various paper products. The company employs a process costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. This is the company's production schedule for May: Work-in-Process Inventory, May 1 Started during May Units to account for Percent Completed Tons of Pulp Materials Conversion 5,000 1001 14,000 19,000 Units from beginning Work-in-process, which were completed and transferred out during May Started and completed during May Work-in-Process Inventory. May 31 Total units accounted for 5,000 8,400 5,6001008 19,000 SOL The following cost data are available: $ 74,920 68,756 Work-in-Process Inventory. May 1 Direct materials Conversion Costs incurred during May Direct materials Conversion 210,840 409,630 Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted average method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weighted average method. Saved Help Save Work-in-Process Inventory. May 1 Direct materials Conversion Costs incurred during May Direct materials Conversion $ 74,920 68,756 210,840 409,630 Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted average method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weighted average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the equivalent units of direct materials and conversion during May. Use the weighted average method. Equivalent Units Direct Materials Conversion Required 2 > Help $ Work-in-Process Inventory, May 1 Direct materials Conversion Costs incurred during May Direct materials Conversion 74,920 68, 756 210,840 409,630 Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weighted average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weighted average method. (Round your answers to 2 decimal places.) Costs per Equivalent Unit Direct Materials Conversion