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Compute the costs per equivalent unit for May for the first process. (Round your answers to 2 decimal places.) materials: conversion:

2. Compute the costs per equivalent unit for May for the first process. (Round your answers to 2 decimal places.)

    

materials:

conversion:



Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is 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:

    

 

    Percent Complete

  Units Materials Conversion   Work in process inventory, May 1 80,000  65 %   30 %     Work in process inventory, May 31 60,000  40 %   20 %                      Materials cost in work in process inventory, May 1       $ 62,400        Conversion cost in work in process inventory, May 1       $ 19,000        Units started into production         266,000        Units transferred to the next production department         286,000        Materials cost added during May       $ 424,300        Conversion cost added during May       $ 273,040     

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