Problem 4-16 Comprehensive Problem weighted Average Method ILO42. LO43.LO4-4. Lo45l Bulder Products, Inc, manufactures a caulking compound that goes through three processing stages prior to completion. Information on workin the first department Cooking is given below for May process, May 1, materials 100% complete, conversion 90% complete Pounds started into produdion during May Pounds completed and transferred out Pounds in process, May 31. materials 75% complete, conversion 25% complete 47.000 Cost data Work in process inventory May 1. $142,100 s 63,300 Cost added during May Materials cost $738,870 Conversion cost The company usesthe weighted average method 1, Compute the equivalent units of production. Materials Conve Equivalent units of production 2 compute the costs per equivalentunit forthe month (Round your answers to 2 decimalplaces) Materials Conver Cost per equivalent unit 3 Determine the cost of ending work in process inventory and of the units transferred out to the next department Round your intermediate calculation to 2 decimal places. New rab Maril