Helix Corporation uses the welghted-average method In Its process costing system. It produces prefabricated flooring in aserles of steps carrled out In productlon departments. All of the materlal that Is used In the first production department isadded at the beglnning of processing In that department. Data for May for the first production department follow:Percent CompleteUnitsMaterialsConversionWork in process inventory, May 1Work in process inventory, May 31Materials cost in work in process inventory, May 1Conversion cost in work in process inventory, May 1Units started into productionUnits transferred to the next production departmentMaterials cost added during MayConversion cost added during May60, 000100 %5e %40, 000100 %30 %245e, 20013,900246, 000266, e0078,320$ 200,160Required:1. Calculate the first production department's equlvalent units of production for materlals and conversion for May.2 Compute the first production department's cost per equivalent unit for materlals and converslon for May.3. Compute the first production department's cost of ending work in process Inventory for materials, conversion, and in total forMay.4. Compute the first production department's cost of the units transferred to the next production department for materlals,conversion, and in total for May.Complete this question by entering your answers in the tabs below.Required 1Required 2Required 3Required 4Calculate the first production department's equivalent units of production for materials and conversion for May.MaterialsConversionEquivalent units of production< Required 1Required 2 > Helix Corporation uses the welghted-average method in Its process costing system. It produces prefabricated flooring in aserles of steps carrled out in production departments. All of the materlal that is used in the first production department Isadded at the beginning of processing In that department. Data for May for the first production department follow:Percent CompleteUnitsMaterialsConversionWork in process inventory, May 1Work in process inventory, May 31Materials cost in work in process inventory, May 1Conversion cost in work in process inventory, May 1Units started into productionUnits transferred to the next production departmentMaterials cost added during MayConversion cost added during May6e, eee40, e0e100 %50 %100 %30 %5e, 20013,900246, 000266, 00078, 320$ 200, 160Required:1. Calculate the first production department's equivalent units of production for materlals and converslon for May.2 Compute the first production department's cost per equlvalent unit for materlals and converslon for May.3. Compute the first production department's cost of ending work In process inventory for materlals, conversion, and in total forMay.4. Compute the first production department's cost of the units transferred to the next production department for materlals,conversion, and in total for May.Complete this question by entering your answers in the tabs below.Required 1Required 2Required 3Required 4Compute the first production department's cost per equivalent unit for materials and conversion for May. (Round your answersto 2 decimal places.)MaterialsConversionCost per equivalent unit

Name: Helix Corporation uses the welghted-average method In Its process cos
Uploaded: 2024-03-20T06:32:49.000Z
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Description: Helix Corporation uses the welghted-average method In Its process costing system. It produces prefabricated flooring in aserles of steps carrled out In productlon departments. All of the materlal that Is used In the first production department isadd