Exercise 5-8 (Algo) Equivalent Units: Cost per Equivalent Unit: Assigning Costs to Units-Weighted- Average Method [LO5-2, LO5-3, LO5-4) Helly Corporation uses the weighted-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 units Material work in process Eventory.ny1 Game 59.000 1000 Work in process inventory. May 33.000 100 20 Materials cast in work in processary. May 1 Conversion cost in work in process inventory, w1 23.00 $1, Units started into production 25.4 Units transferred to the next production department 223,00 Materials cost added during May Conversion cost added turinty $ 59,00 $199, 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 and in total for May Complete this question by entering your answers in the tabs below Tequired 1 Hequired Required Required Calculate the first production department's equivalent units of production for materials and conversion for May Converse Equivalent unity of production Required 2 > Prev -e here to search OBI D Exercise 5-8 (Algo) Equivalent Units; Cost per Equivalent Unit: Assigning Costs to Units-Weighted- Average Method [LO5-2, LO5-3, L05-4) Helix Corporation uses the weighted average method in its process costing system. It produces prefabricated flooning 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 Work in process inventory, ray 1 305 Work in proces ventory, May 21 Materials cost in work in process Eventory. May 1 19.00 100 $ 45,600 Conversion cost in work in process entory. May 1 $ 13,900 units started into production 255,400 Units transferred to the next production 273,400 Materials cost ded during May 550,00 Conversion cost ded during $ 19, Required: 1 Calculate the first production departments equivalent cuts 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 departments 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, and in total for May Complete this question by entering your answers in the tabs below Required Hoodied?id Red Calculate the first production department's equat units of production for me and conversion for May Equatent unde el production I Required 2 > Prey 12 o RE ype here to search