Exercise 5-8 Equivalent Units; Cost per Equivalent Unit: Assigning Costs to Units-Weighted Average Method [LO5-2, LO5-3, LO5-4] Helix Corporation uses the weighted average method in its process costing system. It produces prefabricated flooring in a series of steps camed 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 65,00 45,000 Work in process Inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Percent Complete Materials Conversion 100% 30 100 $53,300 5 15,400 257,000 277.000 59,040 $ 221,980 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 perequivalent 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 Required 1 Required 2 Required a Required 4 Calculate the first production department's equivalent units of production for materials and conversion for May Motorals Conversion Equivalent units of production Reje Required 2 > Come on by in your answers in the tabs below Recured Required 2 Required Required 4 Compute the first production department's cost per equivalent unit for aaterials and conversion for May (Round your answers to decimal places.) Cost per equivalent unit Complete this post by your answers in the below. Required Required Requisd 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 place.) Chiusios Cost of ending work in process inventory Required: 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 Total Cast of units completed and transferred out