Cost per equivalent unit for materials and conversion in May

Production data: Pounds in process, May 1; materials 100% complete; conversion 90% complete 71,000 Pounds started into production during May 360,000 Pounds completed and transferred out Pounds in process, May 31; materials 751 complete; conversion 256 complete 31,000 Cost data: Work in process inventory, May 1: Materials cout $ 90,100 Conversion cost $ 46,400 Cost added during May: Materials cost $ 468,590 Conversion coat $ 255,335 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. ses Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the cost per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places) Materials Cost per equivalent unit Conversion