Problem 4-13B Comprehensive Problem Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5] The Barrington Company manufactures a high-quality plastic pipe that goes through three processing stages prior to completion Information on work in the first department, Cutting, is given below for May: Production data Pounds in process, May 1: materials 100% complete; 70,000 350,000 conversion 90% complete Pounds started into production during May Pounds completed and transferred to the next department Pounds in process, May 31 : materials 70% complete; conversion 30% complete 30,000 Cost data: Work in process inventory, May 1 Materials cost Conversion cost $ 86,900 $ 39,300 Cost added during May: Materials cost Conversion cost $451,510 $ 216,060 The company uses the weighted-average method Required 1. Compute the equivalent units of production Materials Conversion Equivalent units of production