Weatherly Lumber Company processes wood pulp 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 uniformly throughout the process. This is the company's production schedule for May: Work-in-Process Inventory, May 1 Tons of Pulp 5,000 Percent Completed Materials Conversion 100% 50% Started during May 10,000 Units to account for 15,000 Units from beginning Work-in-Process, which were completed and transferred out during May Started and completed during May 5,000 6,000 Work-in-Process Inventory, May 31 Total units accounted for 4,000 15,000 100% 50% The following cost data are available: Work-in-Process Inventory, May 1 Direct materials Conversion Costs incurred during May Direct materials Conversion Required: $ 75,250 90,230 150,500 244,650 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weighted-average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method. Equivalent Units Direct Materials Conversion Required 1 Required 2 >