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Builder Products, Incorporated, uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May. Production data Pounds in process, May 1 materials 100% complete onversion 90% complete Points started to production during May Pounds completed and transfected out Ponds in prosess, May 31 materials 90 complete conversion 2 complete Coa work in process inventory, May 111 Materiala co Conversion Coas added during Materials eat Conversion e Required: 1,000 420,000 37,000 13,300 61,100 677,540 $334,190 1. Compute the equivalent units of production for materials and conversion for May 2. Compute the cost per equivalent unit for materials and conversion for May 3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May 5. Prepare a cost reconciliation report for May. Complete this question by entering your answers in the tabs below.. Required Re Required 4 Required Prepare a cost reconcitation report for May, (Round your intermediate calculations to 2 decimal places) Cost Reconc Costs to be accounted for Cels cured for r

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