Question: answer required 1-5 Pounds in process, May 1: materials 1008 complete: conversion 90% complete Pounds started into production during May Pounds completed and transferred out





Pounds in process, May 1: materials 1008 complete: conversion 90% complete Pounds started into production during May Pounds completed and transferred out Pounds in 89,000 540,000 May 31; materials 808 conversion 208 complete 60,000 Cost data: rials cost $124,400 s 61,700 $646,850 $339,190 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 this question by entering your answers in the tabs below e the equivalent units of production for materials and conversion for May. K Prev 4 of 4lNext > Production data: conversion 90% complete 89,000 540,000 Pounds started into production during May Pounds completed and transferred out Pounds in pr conversion 20% complete 60,000 Cost data: Work in process inventory, May 1: Materials cost Conversion cost $124,400 61,700 $646,850 $339,190 Materials cost Conversion cost 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. red 3 Requin for May. (Round your answers to 2 decimal places.) Compute the cost per equivalent unit for materials and erials Cost per equivalent unit K Prev 4 of 4 llNext > ction datat Pounds in process, May 1; materials 1008 complete 89,000 540,000 conversion 90% complete into production during Nay Pounds completed and transferred out 60,000 conversion 20% complete Cost data: Work in process inventory, May 1: $124,400 61,700 ials cost Conversion cost Cost added during May: $646,850 $339,190 Conversion cost 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 Compute the cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculation MaterialsConversion Total Cost of ending work in process inventory KPrev4 of 4 ction data Pounds in process, May 1; materials 100% complete ; conversion 90% complete Pounds started into production during May Pounds completed and transferred out 89,000 540,000 conversion 20% 60,000 Work in process inventory, May 1 $124,400 $ 61,700 Conversion cost $646,850 $339,190 Conversion cost 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 t 5. Prepare a cost reconciliation report for May n the tabs below Complete this question by entering your answers i Required1 Required 2 Required Required Requireds Compute the cost of units transferred out to the next department for materials, conversion, and in total for May intermediate calculations to 2 decimal places.) (Round your out Next > 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. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a cost reconciliation report for May. (Round your intermediate calculations to 2 decimal places.) d for: Costs to be Total cost to be accounted for Costs accounted for as follows: Total cost accounted for Required 4 Required s K Prev 4 of 4l! Next
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