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 57,000 85 % 50 %

Work in process inventory, May 31 37,000 60 % 30 %

Materials cost in work in process inventory, May 1 $ 48,600

Conversion cost in work in process inventory, May 1 $ 13,300

Units started into production 244,800

Units transferred to the next production department 264,800

Materials cost added during May $ 330,240

Conversion cost added during May $ 190,866

Required:

1.

Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent units for May for the first process.

2.

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

3.

Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in May. (Round your intermediate calculations to 2 decimal places.)