Question: Hellx 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.
Hellx 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 66,000 46,000 Work in process inventory, May 1 Work in process inventory. May 31 Materials cost in work in process inventory. May 1 Correion coat in work in process inventory, May 1 De ated into production Una nsferred to the next productii partment Matricost added during May Conversion cost added during May Percent Complete Materials Conversion 100 50 100 30 $ 53,900 $ 15,400 248,400 268.400 $ 103,300 $ 221,648 Required: 1. Calculate the first duction department's equivalent units 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 your answers in the tabs below
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