Blue Spruce 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% complete and work in process inventory on May 31 was 60% complete as to conversion costs. Complete the Production Cost Report for the Molding Department for the month of May using the above information and the information below. (Round unit costs answers to 2 decimal places, e.g. 52.75.) BLUE SPRUCE COMPANY Molding Department Production Cost Report For the Month Ended May 31, 2022 Equivalent Units of Production ANTITIES Physical Units Materials Conversion Costs counted for cess, May 1 6,560 production 26,240 be accounted for 32,800 ed for ind transferred out 28,700 28,700 28,700 cess, May 31 4,100 4,100 counted for 32,800 32,800 units of production counted for cess, May 1 production be accounted for iation Schedule ed for ind transferred out ess May 31 $ Materials $114,800 32.800 $ Conversion Costs $132,430 $ $ Total $247,230 $49,200 198,030 $247,230