Question: Percent Completed Tons of Pulp Materials Conversion Work-in-Process Inventory, May 1 5,000 100% 50% Started during May 18, 000 Units to account for 23, 000

Percent Completed Tons of Pulp Materials Conversion Work-in-Process Inventory, May 1 5,000 100% 50% Started during May 18, 000 Units to account for 23, 000 Units from beginning Work-in-Process, which were completed and transferred out during May 5,000 Started and completed during May 10, 800 Work-in-Process Inventory, May 31 7, 200 100% 50% Total units accounted for 23,090 The following cost data are available: Work-in-Process Inventory, May 1 Direct materials $ 82, 190 Conversion 61, 342 Costs incurred during May Direct materials 283 ,140 Conversion 358, 280 Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weighted-average method

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