Production data:
Pounds in process, May 1; materials 100% complete; conversion 90% complete		88,000
Pounds started into production during May		530,000
Pounds completed and transferred out		?
Pounds in process, May 31: materials 60% complete; conversion 40% complete		65,000
Cost data:
Work in process inventory, May 1:
Materials cost	$	106,000
Conversion cost	$	59,700
Cost added during May:
Materials cost	$	551,120
Conversion cost	$	328,230

1.

Compute the equivalent units of production.

Materials

conversion

2.

Compute the costs per equivalent unit for the month.

Materials

Conversion

3. Determine the cost of ending work in process inventory and of the units transferred out to the next department.