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PLEASEE HELP Weatherly Lumber Company processes wood pulp for manufacturing various paper products. The company employs a process costing system for its manufacturing operations. All

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Weatherly Lumber Company processes wood pulp for manufacturing various paper products. The company employs a process costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. This is the company's production schedule for May: Percent Completed Tons of Pulp Materials Conversion WorkinProcess Inventory, May 1 3,888 188% 58% Started during May 12,888 Units to account for 15,888 Units from beginning NorkinProcess, which were completed and transferred out during May 3,888 Started and completed during May 7,288 WorkinProcess Inventory, May 31 4,888 188% 58% Total units accounted for 15,888 The following cost data are available: WorkinProcess Inventory, May 1 Direct materials $ 35,498 Conversion 21,918 Costs incurred during May Direct materials 198,568 Conversion 331,898 Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weightedaverage method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weightedaverage method

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