oblem Four: (5 points) Algoma, Inc uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally On May 1: Beginning inventories-250 units, 40% complete Direct materials costs $1,250 Conversion costs $1,356 Transferred-in costs $2,560 During May: Direct materials costs incurred $6,000 Conversion costs incurred $17,013 On May 31: Ending Inventories 350 units, 20% complete Using the weighted average method, calculate the cost per equivalent unit for material roblem Five: (5 points) Algoma, Inc uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning process. Additionally On May 1: Beginning inventories-250 units, 40% complete Direct materials costs $1,250 Conversion costs $1,356 Transferred-in costs $2,560 During May: Direct materials costs incurred $6,000 Conversion costs incurred $17,013 On May 31: Ending inventories-350 units, 20% complete Using the weighted average method, calculate the cost of the units transferred out Problem 6: (5 points) Algoma, Inc. uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally On May 1: Beginning inventories-250 units, 40% complete Direct materials costs $1,250 Conversion costs $1,356 Transferred-in costs $2,560 During May: Direct materials costs incurred $6,000 Conversion costs incurred $17,013 On May 31: Ending inventories-350 units, 20% complete Using the weighted average method, calculate the cost of the ending work in process inventory