Cost Accounting: Helix Corporation uses the weighted-average method of process costing. It produces

Helix Corporation uses the weighted-average method of process costing. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow:

Units Percent Complete
Materials Conversion
Work in process inventory, May 1 65,000 100% 30%
Work in process inventory, May 31 45,000 100% 20%
Materials cost in work in process inventory, May 1 $ 53,300
Conversion cost in work in process inventory, May 1 $ 15,400
Units started into production 257,000
Units transferred to the next production department 277,000
Materials cost added during May $ 98,040
Conversion cost added during May $ 221,980
Required:
For May:

Calculate the first production department's equivalent units of production for materials and conversion.
Compute the first production department's cost per equivalent unit for materials and conversion.
Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total.
Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total.

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