Exercise 4-8 (Algo) Equivalent Units; Cost per Equivalent Unit; Assigning Costs to Units-Weighted- Average Method (LO4-2, LO4-3, LO4.4) Hellx Corporation uses the welghted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow Percent Complete Units Materials Conversion Nork in proces inventory, May 1 69,000 IOON 504 Work in process inventory, May 31 49,000 100N 304 Materials out in work in process inventory. May 1 $ 55,600 Converulon coat in work in process inventory May $ 16.100 Units started into production 249 600 Units transferred to the next production departaat 26 600 $ 87.770 Materials cost added during Way $ 231.241 Conversion cost added during May Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion Exercise 4-8 (Algo) Equivalent Units; Cost per Equivalent Unit; Assigning Costs to Units-Weighted- Average Method (LO4-2, LO4-3, LO4.4) Hellx Corporation uses the welghted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow Percent Complete Units Materials Conversion Nork in proces inventory, May 1 69,000 IOON 504 Work in process inventory, May 31 49,000 100N 304 Materials out in work in process inventory. May 1 $ 55,600 Converulon coat in work in process inventory May $ 16.100 Units started into production 249 600 Units transferred to the next production departaat 26 600 $ 87.770 Materials cost added during Way $ 231.241 Conversion cost added during May Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion 1. Calculate the first production department's equivalent units of production for materials and conversion for May. 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of endling work in process inventory for materials, conversion, ar 4. Compute the first production department's cost of the units transferred to the next production department for me and in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the first production department's equivalent units of production for materials and conversion for May. Materials 118,000 Conversion 83,700 Equivalent units of production Required 1 Required 2 > quired: Calculate the first production department's equivalent units of production for materials and conversion for May Compute the first production department's cost per equivalent unit for materials and conversion for May Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for Me Compute the first production department's cost of the units transferred to the next production department for materials, convers nd in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Materials Conversion S 0.60 $ 0.76 Cost per equivalent unit Ch Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in totala 4. Compute the first production department's cost of the units transferred to the next production department for materials, con and in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion 13,650 $ 5,928 s Total 19,578 Cost of ending work in process inventory quiven units of production for materials and conversion for May Compute the first production department's cost per equivalent unit for materials and conversion for May Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for Ma Compute the first production department's cost of the units transferred to the next production department for materials, conversi nd in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion S 95,690 s 207.784 $ Total 303,474 Cost of units completed and transferred out v