Question: Helix Corporation uses the weighted - average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in

Helix 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:
Required:
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 May.
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.
Calculate the first production department's equivalent units of production for materials and conversion for May. Complete this question by entering your answers in the tabs below.
Compute the first production department's cost per equivalent unit for materials and conversion for May. (Round your answers
to 2 decimal places.) Required 1
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.) Required 1
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.)Helix 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 Percent Complete
Materials Conversion
Work in process inventory, May 153,000100%30%
Work in process inventory, May 3133,000100%20%
Materials cost in work in process inventory, May 1 $ 46,100
Conversion cost in work in process inventory, May 1 $ 12,400
Units started into production 249,800
Units transferred to the next production department 269,800
Materials cost added during May $ 59,880
Conversion cost added during May $ 178,316
 Helix Corporation uses the weighted-average method in its process costing system.

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