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![dit viewHistory Bookmarks Develop Window Help 슬 newconnect.mheducation.com Soundcloud Apple Your stream on SoundCloud Twitter ESPN Instagram Disney Apple Bing Google Yahoo erage- BNAD 276. go yotes- stuart addition rule of probability-G... Home Chapter 4 Homework Assignment Saved 8 Problem 4-16 Comprehensive Problem-weighted-Average Method [L04-2, LO43, LO4-4, LO4-5] 1.91 points Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: Produetion data Pounds inprocess, May 1; materials 100% complete ; , conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process,May 31: materials 701 complete; 66,000 310,000 Print conversion 30t eomplete 26,000 Cost data: References Work in process inventory, Hay 1: Materials cost Conversion cost $ 68,300 s 19,300 Cost added during May: Materials cost Conversion cost 355,130 $105,930 Required: 1. Compute the equivalent units of production for materials and conversion for May 2. Compute the cost per equivalent unit for materials and conversion for May 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below](https://media.cheggcdn.com/media%2F708%2F708784c9-88c8-42ce-a745-2caf0724050b%2Fimage)
dit viewHistory Bookmarks Develop Window Help 슬 newconnect.mheducation.com Soundcloud Apple Your stream on SoundCloud Twitter ESPN Instagram Disney Apple Bing Google Yahoo erage- BNAD 276. go yotes- stuart addition rule of probability-G… Home Chapter 4 Homework Assignment Saved 8 Problem 4-16 Comprehensive Problem-weighted-Average Method [L04-2, LO43, LO4-4, LO4-5] 1.91 points Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: Produetion data Pounds inprocess, May 1; materials 100% complete ; , conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in process,May 31: materials 701 complete; 66,000 310,000 Print conversion 30t eomplete 26,000 Cost data: References Work in process inventory, Hay 1: Materials cost Conversion cost $ 68,300 s 19,300 Cost added during May: Materials cost Conversion cost 355,130 $105,930 Required: 1. Compute the equivalent units of production for materials and conversion for May 2. Compute the cost per equivalent unit for materials and conversion for May 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below
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