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 Started during May units to account for Units From beginning work-in-Process, which were completed and transferred out during May and completed during May work-in-Process Inventory, May 31 total units accounted for The following cost data are available: work-in-Process Inventory, May 1 Direct materials Conversion Kasts incurred during May Daterials $57,720 58,686 367,03 Tons of Pulp Percent Completed Haterials Conversion 3,000 100% Sen 14,000 17,000 3,000 8,400 5,500 17,000 100% SUS Required: Calculate the equivalent units of direct materials and conversion during May. Lise the weighted average method 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. Next