South River Chemical manufactures a product called Zbek. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work in process inventory is 60% complete with respect to conversion; the ending inventory work in process inventory is 20% complete. The following data pertain to May:

Units

Work in process, May 1 15,000

Units started during May 60,000

Units completed and transferred out 68,000

Work in process, May 31 7,000 Direct Materials Conversion Cost Total Costs

Cost:

Work in Process, May 1 $16,500 $24,750 $41,250

Costs incurred during May 72,000 162,630 234,630

Totals $88,500 $187,380 $275,880

Compute the following amounts: 1. Using the weighted-average method of process costing, determine the equivalent units for direct material and conversion. (Please show your work.)

2. What is the cost per unit of direct material and conversion activity? (Please show your work.)

3. Determine the cost of the goods completed and transferred out during May. (Please show your work.)

4. Determine the cost of the ending work in process on May 31. (Please show your work.)