HW3: Ch. 4. Process Costing Swed 4 375 Fedora, Inc, uses a weighted-average process-costing system and has one production department All materials are introduced at the start of manufacturing in contrast, conversion cost is incurred uniformy throughout production. The company had respective warle-in- process irwentories on May 1 and May 31 of 63,600 units and 78,000 units, the latter of which was 50% complete. The production supervisor noted that Fedora completed 116,000 units during the month Costs in the May 1 work in process inventory were subdivided as foliows: materials, $48,000, conversion $106.000. During May Fedora charged production with $437,000 of material and S870.000 of conversion, resulting in a material cost per equivalent unit of $2.50 book Print Required: A. Determine the number of units that Fedora started during May B. Compute the number of equivalent units with respect to conversion cost C. Determine the conversion cost per equivalent unt. (Round your final answers to two decimal places.) D. Compute the cost of the May 31 work in process inventory (Round your intermediate calculations to 2 decimal places and final answers to nearest whole dollar) E. What account would have been credited to record Fedora's completed production? A Number of units 3. Number of equivalent units C Conversion cost per equivalent unit D. Cool work in process inventory E. Which record would have been credited