Question: Builder Products, Inc., uses the weighted average method in its process conting system. It manufactures a caulking compound that goes through three processing stages prior




Builder Products, Inc., uses the weighted average method in its process conting system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department. Cooking, s given below for May 30.000 450,000 ebook Production data Pounds in process, May 1 Materials 100% colt conversion complete Pounds started into production during May Pounds completed and transferred out Pounds in process. 111 to complete conversion 40% complete Cost dota Nork in process inventory, May 11 Heros con Conversion cont Cost added during May Materials cost Coro 10,000 110,00 35,000 16.0 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 Compute the cost of ending work in process invertory material conversion and in total for May 4 Comote the cost of its serred out to the nextpartment for materials convert and in total for May 5. Prepare a cost reconciliation report for May Complete this question by entering your answers in the tabs below. Cate the units of production for materials and conversion or Mite Complete this question by entering your answers in the tabs belov Required 1 Required 2 Required 3 Required 4 Required 5 Compute the cost per equivalent unit for materials and conversion for May. Materials Conversion Cost per equivalent unit 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 matelials, 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 Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. (Round y Intermediate calculations to 2 decimal places Materials Conversion Total Cost of units completed and transferred out Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 ho Prepare a cost reconciliation report for May. (Round your intermediate calculations to Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows Total cost accounted for Builder Products, Inc., uses the weighted average method in its process conting system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department. Cooking, s given below for May 30.000 450,000 ebook Production data Pounds in process, May 1 Materials 100% colt conversion complete Pounds started into production during May Pounds completed and transferred out Pounds in process. 111 to complete conversion 40% complete Cost dota Nork in process inventory, May 11 Heros con Conversion cont Cost added during May Materials cost Coro 10,000 110,00 35,000 16.0 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 Compute the cost of ending work in process invertory material conversion and in total for May 4 Comote the cost of its serred out to the nextpartment for materials convert and in total for May 5. Prepare a cost reconciliation report for May Complete this question by entering your answers in the tabs below. Cate the units of production for materials and conversion or Mite Complete this question by entering your answers in the tabs belov Required 1 Required 2 Required 3 Required 4 Required 5 Compute the cost per equivalent unit for materials and conversion for May. Materials Conversion Cost per equivalent unit 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 matelials, 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 Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. (Round y Intermediate calculations to 2 decimal places Materials Conversion Total Cost of units completed and transferred out Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 ho Prepare a cost reconciliation report for May. (Round your intermediate calculations to Cost Reconciliation Costs to be accounted for Total cost to be accounted for Costs accounted for as follows Total cost accounted for
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