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 production

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 beginning of processing in that department. Data for May for the first production department follow the 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 Percent Complete Units 69,000 49,000 Materials Conversion 100% 100% 50% 30% $ 55,600 $16,100 249,000 269,600 $87,770 $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 matenals, conversion. and in total for May, 8:29 4. Compute the first production department's cost of the units transferred to the next production department for materials, con process inventory for materials, conversion, and in total for 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 Equivalent units of production Materials Conversion Required 2 4. Compute the first production department's cost of the units transferred to the next production department for materials, conver for materials, conversion, and in total for M 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 per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Materials Cost per equivalent unit Conversion 4. Compute the first production department's cost of the units transferred to the next production department for materials, com and in total for May. 11 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 Total Cost of ending work in process inventory Next > conversion, and in total for 4. Compute the first production department's cost of the units transferred to the next production department for materials, com and in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 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 Cost of units completed and transferred out

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