Grouper 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, eg. 52.75.) GROUPER COMPANY Molding Department Production Cost Report For the Month Ended May 31, 2022 Equivalent Units of Production Conversion Materials Costs Physical Units 7,360 QUANTITIES Units to be accounted for Work in process, May 1 Started into production Total units to be accounted for Units accounted for 29.440 36,800 GROUPER COMPANY Molding Department Production Cost Report For the Month Ended May 31, 2022 Equivalent Units of Production Physical Units Materials Conversion Costs 7,360 QUANTITIES Units to be accounted for Work in process, May 1 Started into production Total units to be accounted for Units accounted for 29,440 36,800 Completed and transferred out 32.200 Work in process, May 31 4,600 Total units accounted for 36,800 Conversion Costs COSTS Materials Total Unit costs Costs in May $128,800 $148,580 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 Cost Reconciliation Schedule Costs accounted for $ Completed and transferred out Work in process, May 31 Conversion Costs Materials Total lay $128,800 $148,580 $277.380 units of production $ ccounted for $55,200 cess, May 1 222,180 $277.380 production be accounted for iliation Schedule ited for $ and transferred out cess, May 31 Cost Reconciliation Schedule Costs accounted for Completed and transferred out Work in process, May 31 Materials $ Conversion costs Total costs accounted for ccounted for $55,200 222.180 $277,380 cess, May 1 production be accounted for iliation Schedule ited for $ and transferred out cess, May 31 $ n costs $277.380 counted for