Weatherly Lumber Company processes wood puip for manufacturing various paper products. The company employs a process costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are Incurred unliformly throughout the process. This Is the company's production schedule for May: Percent Completed Tons of Pulp Materials Conversion lee% eBook Work-in-Process Inventory,May Started during May 5,8e0 5% 12,886 Units to account for 17,880 Units from beginning Work-in-Process, which were completed and transferred out during May Started and completed during May ork-in-Process Inventory, May 31 s,ee0 7,280 ses 4,see 17,8e0 Total units accounted for The following cost data are avallable Work-in-Process Inventory, May 1 Direct materials s 73,690 Conversion 23,494 Costs incurred during May Direct materials 188,280 Conversion 315,81 Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method 2 Calculate the cost per equlvalent unit for both direct materials and conversion during May. Use the welghted-average method