The PVC Company manufactures a high-quality plastic pipe 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 89,000 Pounds started into production during May 540,000 Pounds completed and transferred to the next department ? Pounds in process, May 31: materials 80% complete; conversion 20% complete 60,000 Cost data: Work in process inventory, May 1: Materials cost $ 124,400 Conversion cost $ 61,700 Cost added during May: Materials cost $ 646,850 Conversion cost $ 339,190 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 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 and final answers to the nearest whole dollar amount.) Materials Conversion Total Cost of ending work in process inventory $ $ $ Cost of units completed and transferred out $ $ $ Prepare a cost reconciliation report for the month. (Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.)