- prepare a wuantity schedule and a computation of equilivant units

- compute the mosts per equilivent units for the month

- prepare a cost reconcilliation

-prepare a production report for may, company uses fifo

Bulider Products, Inc. manufactures a caulking compound that goes through three processing stages prior to completion Information on work in the first department, cooking, is given below for May Production datan Units in process, May 1 100% complete as to materials and no complete te labour and overhead Units started into production during May 15, 113,000 Units completed and transferred out 103,000 units in process. Hay 31: 60% complete as to materials and 205 complete as to labour and overhead Coot data Work in process inventory, May 13 Materials cost $2,150 Labour cost Overhead cost 6,300 Cost added during May Materials cost 166,00 Labour cost 26,400 Overhead cost 73,600 2.640 Materials are added at several stages during the cooking process, whereas labour and overhead costs are incurred uniformly. The company uses the weighted average cost method. The company combines labour and overhead into a single cost category- conversion cost. Required: Prepare a production report for the cooking department for May. Use the following three steps in preparing your report