(Solved): Required: For May: Compute the equivalent units of production for materials and conversion. Compute ...

Required: For May: Compute the equivalent units of production for materials and conversion. Compute the cost per equivalent unit for materials and conversion. Compute the cost of ending work in process inventory for materials, conversion, and in total. Compute the cost of units transferred out to the next department for materials, conversion, and in total. Prepare a cost reconciliation report.