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Managerial accounting questions they aren't hard. Please answer really bad at accounting. Builder Products. Inc.r manufactures a caulking compound that goes through three processing stages

Managerial accounting questions they aren't hard. Please answer really bad at accounting.

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Builder Products. Inc.r manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the rst department, Booking, is given below for May: Production data: Pounds in process. May 1; materials 100% complete; conversion 90% complete Elliot) Pounds started into production during May szorom Pounds completed and transferred out 7 Pounds in processI May 31: materials TEE-ta complete; conversion 25% complete 2?.000 Cost data: Wont in process inventoryr May 1: Materials cost 5 F8500 Conversion cost 5 20300 Cost added during May: Materials cost 5 4032211) Conversion cost 5 111E?!) The company uses the weightedaverage method. Required: 1. Compute the equivalent units of production. Equivalent units of production _ _ 2. Compute the costs per equivalent unit for the month. [Round your aruwers to 2 decimal places.) 3. Determine the cost of ending work in process inventory and of the units transferred out to the next department. [Round your intermediate calculation to 2 decimal places.) Cost of ending work in process inventory Cost of units completed and transferred out 4. Prepare a mat raunneiliatien rep-art for the rrlenth. [Reund your intermediate ealeulatiene ta 2 deeimal plaeee.] Casts to be amen ntad far: " Tatal east to be accounted far _ Casts amounted far as fellmnrs: _ Tatal cast anew nted for _

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