5.00 points Problem 4-16 Comprehensive Problem-weighted-Average Method [LO4-2, LO4-3, LO4- 4, LO4-5] Builder Products, Inc., 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 Production data: Pounds in process, May 1: materials 100% complete, conversion 90% complete 63,000 Pounds started into production during May 280,000 Pounds completed and transferred out Pounds in process, May 31 materials 75% complete: conversion 25% complete 23,000 Cost data: Work in process inventory, May 1 Materials cost 67,500 Conversion cost 29,100 Cost added during May: Materials cost 350,690 Conversion cost 159,835 The company uses the weighted-average method. Required: 1. Compute the equivalent units of production. Conversion Materials For 21 Equivalent units of production