Builder Products, Incorporated, uses the weighted average method

Builder Products, Incorporated, 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: 02:16:10 Book Production data Pounds in proceus, May 17 materials 100% complete; COOVErsion 901 complete 71.000 Pounds started into production during May 360,000 Founds completed and transferred out 2 Pounds in process, May 11 materials 751 completo conversion 251 complete 31,000 Cost data Hork in process inventory, May 1 Materials cost $ 90,100 Conversion coat $ 46,400 Coot added during May Materials cost 5468,590 Conversion cost 5.255,135 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 Print therences