EXERCISE 4-5 Reconciling Costs-Weighted Average Cost Method [LO4 - CC14] (This exercise should be assigned only if Exercise 4 4 is also assigned.) Refer to the data for Helox, Inc. in Exercise 4 4 and to the equivalent units and costs per equivalent unit you have computed there. Required: Complete the following cost reconciliation for the first process. Cost Reconciliation Total EUs Cost Materials Conversion Cost accounted for as follows: Transferred to the next process: (7 units x $?) S? Work in process, May 31: Materials, at per EU Conversion, at per EU Total work in process Total costEXERCISE 4-4 Calculating Equivalent Units and Cost per Equivalent Unit-Weighted Average Cost Method [LO3 - CC11; LO4 - CC13] Helox, Inc. manufactures a product that passes through two production processes. A quantity schedule for a recent month for the first process follows: Quantity Schedule Units to be accounted for: Work in process, April 1 (60% materials, 75% conversion cost added last month) 20,000 Started into production 180.000 Total units 200.000 EUs Materials Conversion Units accounted for as follows: Transferred to the next process 190,000 Work in process, May 31 (all materials, 60% 10,000 conversion cost added this month) Total units 200.000 Costs in the beginning work-in-process inventory of the first processing department were materials, $4.000, and conversion cost. $14,200. Costs added during the month were materials, $56.000, and conversion cost. $360.360