Help Save & Exit Submit 10 Check my work 18 Problem 4-16 (Algo) Comprehensive Problem-Weighted-Average Method (L04-2, L04-3, L04-4, L04-5) Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May 10 points look Print References 83,000 480,000 7 43,000 Production data Pound in process, May 11 materiale 100% complete conversion 901 complete Pounds started into production during May Pounds completed and transferred out Pounds in process, May 31; materiala 758 complete conversion 256 complete cont datar Work in process inventory, May 11 Materiale cont Conversion cont Cost added during May Materiale cont Conversion cost $120,300 $ 53,900 6666.940 $296,395 Required: 1. Compute the equivalent units of production for materials and conversion for May. 2. Compate 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. Herdis di 1 Muy 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. Print Heferences 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 Hequired 2 > 30 points 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. ebook Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the cost per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places) Conversion Cost per equivalent unit Materiais (Required 1 Required) 10 points 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. look Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requred 3 Required 4 Required s Compute the 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 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. -ok nces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units completed and transferred out Required 3 Required> Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question 18 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. 10 points Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required Prepare a cost reconciliation report for May. (Round your intermediate calculations to 2 decimal places.) Cost Reconciliation Contato bo accounted for Cost of boginning work in process inventory $ 120,000 Cost added to production during the period 290,000 Total cost to be accounted for $410,000 Costs accounted for as follows: Cost of units completed and transferred out $ 338.000 Cost of ending work in process inventory 72.000 Total cost accounted for $ 410,000
