The Barrington Company manufactures a high-quality plastic pipe that goes through three processing stages prior to completion. Information on work in the first department, Cutting, is given below for May: 73,000 380,000 ? 33,000 Production data: Pounds in process, May 1: materials 100% complete; conversion 90% complete Pounds started into production during May Pounds completed and transferred to the next department Pounds in process, May 31: materials 80% complete; conversion 20% complete Cost data: Work in process inventory, May 1: Materials cost Conversion cost Cost added during May: Materials cost Conversion cost $ 111,600 $ 55,800 $ 580,320 $ 306,810 The company uses the weighted average method. Required: 1. Compute the equivalent units of production. Materials Conversion Equivalent units of production 2. Compute the costs per equivalent unit for the month. (Round your final answers to 2 decimal places.) Materials Conversion Cost per equivalent unit 3. Determine the cost of ending work in process inventory and of the units transferred out to the next department. (Round your intermediate calculation to 2 decimal places.) Materials Conversion Total $ 0 Cost of ending work in process inventory Cost of units completed and transferred out $ 0 4. Prepare a cost reconciliation report for the month. (Round your intermediate calculation to 2 decimal places.) BARRINGTON COMPANY Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the period Total cost to be accounted for $ 0 Costs accounted for as follows: Cost of units completed and transferred out Cost of ending work in process inventory Total cost accounted for $ 0