Ayayai company uses the weighted average process cost system. The molding department adds materials at the beginning of the process and conversion costs are incurred uniformly throughout the process. Work in process inventory on may 1 was 75% done and work in process inventory on my 31 was 60% complete as to conversion costs.

AYAYAI COMPANY Molding Department Production Cost Report For the Month Ended May 31, 2022 Equivalent Units of Production Physical Conversion QUANTITIES Units Materials Costs Units to be accounted for Work in process, May 1 6,400 Started into production 25,600 Total units to be accounted for 32,000 Units accounted for Completed and transferred out 28,000 Work in process, May 31 4,000 Total units accounted for 32,000 Conversion COSTS Materials Costs Unit costs Costs in May $112,000 $129,2O Equivalent units of production Unit costs $ $ Costs to be accounted for Work in process, May 1 Started into production Total costs to be accounted for