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 work in procent inventory, May 1 Work in process inventory. May 31 Materials cont in work in process inventory, May 1 Conversion cont 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 Dercent Complet Unt Materials Conversion 54,000 100 50 34.000 100 390 46.600 $12,500 243,600 263,00 $ 42,680 $ 181,798 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. Required 1 Required 2 Required 3 Required 4 Compute the nest 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.) Conversion Cost of ending work in process inventory $ 17.442 Prev 1 of 3 !!! Next > MBAKAT