Problem 4-16 (Algo) Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5] Builder Products, Inc., uses the weighted-average method in its process costing system. It 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 data: Pounds in process, May 1; materials 100% complete: conversion 90% complete Pounds starte into production during May Pounds completed and transferred out Pounds in process, May 31; materials 70% complete; conversion 38% complete Cost data: Work in process inventory, May 1: Materials cost Conversion cost Cost added during May: Materials cost Conversion cost Required 1 Required 2 Required: 1. Compute the equivalent units of production for materials and conversion for May. 2. Compute the cost per equivalent unit for materials and conversion for May. 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. 5. Prepare a cost reconciliation report for May. Equivalent units of production 310.000 Complete this question by entering your answers in the tabs below. 26,800 $ 68,300 $ 19,300 Required 3 Required 4 Required 5 Materials $ 355,130 $ 105,930 Conversion Compute the equivalent units of production for materials and conversion for May. Required 2> Search

Problem 4-16 (Algo) Comprehenslve Problem-Welghted-Averoge Method [LO4-2, LO4-3, LO4-4, LO4-5] Builder Products, Inc, uses the weighted-average method in its process costing system it manufactures a caulking compound that goes through three processing steges prior to completion. Information on work in the first depsitment, Cooking. is given beiow for May: Required: 1. Compute the equivaient units of production for materials and conversion for May. 2. Compute the cost per equivalemt unit for materinis and converslon for May. 3. Compute the cost of ending work in process invertory for masefials, conversion, and in total for May. 4. Compute the cost of units transferred our to the next department formaterlalk. conversion, and in total for May. 5. Prepare a cost reconcliliation report for May. Complete this question by entering your answers in the tabs below. Compute the equivalent units of production for matertals and comversion for May