Multiple Choice Question When a company has extensive product diversity and complex overhead, it is best to assign overhead using O activity-based costing O a single plantwide overhead rate O departmental overhead rates Need help? Review these concept resources. Read About the Concept

Complete this question by entering your answers in the tabs below. Compute the Grinding Department's equivalent units of production for materials ant conversion in May. Complete this question by entering your answers in the tabs below. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Weston Products manufactures an industrial cleaning compound that goes through three processing departments-Grinding. Mixing. and Cooking. All raw materials are introduced at the start of work in the Grinding Department. The Work in Process T.account for the Grinding Department for May is given below: The May 1 work in process inventory consisted of 93,000 pounds with $114,390 in materlak cost and $7,440 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% coenplete with respect to conversion. During May, 353,000 pounds were stated into production. The May 31 inventory consisted of 62.000 pounds that were 100% complete with respect to materials and 60% complete with respect to conversion. The company uses the woighted average method in its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, coriversion, and in total for May. 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. Complete this question by entering your answers in the tabs below. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.)