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Problem 5-16 (Algo) Comprehensive Problem-Weighted-Average Method [LO5-2, LO5-3, LO5-4, LO5-5] Buider Products, lncorporated, uses the weighted-average method in its process costing system it manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: Required: 1. Compute the equivalent units of production for moterials and conversion for May. 2. Compute the cost per equivalent unit for materials and conversion for May: 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the cost of units transferted out to the noxt department for materlats, conversion, and in total for Moy. 5. Prepare a cost teconcilistion repont foc May. Complete this question by entering your answers in the tabs below. Compute the equiluaient units of production for materials and comeriion tor May. Required: 1. Campute the equivalent units of production for materials and conversion for May. 2. Compute the cost per equivalent unit for materials and conversion for May. 3. Compute the cost of ending work in process inventory for materlals, conversion, and in total for May. 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below. Compute the equivalent units of production for materials and conversion for May. Required: 1. Compute the equivalent units of production for materials and conversion for May. 2. Compute the cost per equlvalent unit for materials and conversion for May. 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below. Compute the cost per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Fequired: 1. Compute the equivalent units of production for materials and conversion for May: 2. Compute the cost per equivalent unit for materials and conversion for May. 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May 5. Prepare a cost reconclilation report for May. Complete this question by entering your answers in the tabs below. Compute the 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 equivalent units of production for materials and conversion for May. 2. Compute the cost per equlvalent unit for materials and conversion for May. 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. (Round your Intermediate calculations to 2 decimal places.) Required: 1. Compute the equivalent units of production for materials and conversion for May. 2. Compute the cost per equivalent unit for materials and comversion for May. 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May. 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below. Prepare a cost reconciliation report for May. (Round your intermediate calculations to 2 decimal places.)