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Exercise 58 Equivalent Units; Cost per Equivalent Unit: Assigning Costs to Units-Weighted-Average Method [LO5-2, LO5-3, LO5-4] Required: 1 Conculate the first prodiuctom department's equkalent units of production fow mutertals and conversiont ior May. 2. Compute the fist production department's cost per cruaivalent init for materials arid conversion for May. 3. Compute the first production degartmh-4's cost of ending work in process lrverlory for maserials, corversion, and in total for May: 4. Cormpute the first production departenents cost of the units transferred to the next production department ior asaleriais, converson. and in total for May. Complete this question by entering your aiaswers in the tabs below. Reaulred: and in fotal for May? Coraplete this elaestien by anterisin your astswers in the tabs belon. Calculate thet first production ifepartmwht's equivalent units of production for materiais and conversion iof May. Reauired: 1. Cakalate the fist production departiment's equivalient units of prochiction for enaterials and conversion for May. 2. Compete the first production department's cost per eciulvaleut unit for matneizs nind conversion for May 3. Compute the first production depirtment's cost of erfding work in procerss invertory for materials, ecirverslon, atid In folal for May. 4. Compute the first prochuction department's cost of the writs transferfed to the mext production department for inatertaks, eofine fible and in total for May. Complete this qaestion by entering your answers in the tabs below. Eampete the first productien department's cost. per egulvalent unit for materials amt comeralon for May. (ftousid your answien to 2 decimal placest) Required: 1. Calculafe the firmt proctuction department's cquivalest units of production for materials ane coriveisilen for May 2 Compute the first production department's cost ner equlvalent unl for materials and comversion for May. 3. Compute the first production departanent's cost of ending wotk in process fiventory for materlals, conversions, and in iotai for May 4. Compute the first production department's cost of the units transferred to the next production depatiment for inaterials, eotwersibet, and in total for May Complete this question by entering your answers in the tabs below. Compute the first production department's cost of ending work in precess inventory for materials, comversion, and in totai fot May. (Ricound your intermediate calculations to 2 decimal ploces.) Required: 1. Cinctiate the first production departments equivalent units of production for matetials and comverision for hay. 2. Compute. the first production department's cost per egulvalent unit for materials and comversion for May. 7. Comperte the first production department's cost of ending work in process inventory for matesials, conversion, and in fotai foe May. 4. Compute the fiest production department' cost of the units transferred to the next prodiaction department for inatertalk, eciversibet, and in lotal for Mayi Complete this question by enterind your answers in the tabs belaw. Compute the fist production department's cost of the urits transferred to the next production department fot materials, conversion, and in total for May. (Round your Intermediate calculations to 2 decimal places.)