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South River Chemicals Pty Ltd. manufactures a product called Zybek. Direct materials are added at the beginning of the process and conversion activity occurs uniformly

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South River Chemicals Pty Ltd. manufactures a product called Zybek. Direct materials are added at the beginning of the process and conversion activity occurs uniformly throughout the process. The following data pertain to the month of May. Units Work in process - 1st May (60% complete) 15,000 Units started during May 68,000 Work in process - 31st May (50% complete) 14,000 Costs incurred Direct materials Conversion costs Work in process - 1st May (60% complete) $38,000 $32,500 Costs incurred during May $111,400 $157,500 1) Using the weighted average method of process costing, calculate the equivalent units of direct materials for the month of May.(1 mark) Please enter amount only, do not use dollar signs or commas 2) Using the weighted average method of process costing, calculate equivalent units of conversion activity for the month of May. (1 mark) Please enter amount only do not use dollar signs or commas 3)Using the weighted average method of process costing, calculate the cost per equivalent unit of direct materials for the month of May.(1 mark) Please enter amount only, do not use dollar signs or commas Enter TWO decimal places 4) Using the weighted average method of process costing, calculate the cost per equivalent unit of conversion activity for the month of May.(1 mark) Please enter amount only, do not use dollar signs or commas Enter TWO decimal places 5) Using the weighted average method of process conting, calculate the cost of goods completed and transferred during May.t1 mark) Please enter amounts only, do not use dollar signs or commas

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