Marigold 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$.52\mathrm{.}75.)$

MARIGOLD COMPANY

Molding Department

Production Cost Report

For the Month Ended May $31,2022$

Equivalent Units of Production

Physical

Conversion

Units

Materials Costs

$\backslash$table$[[$zcounted for,$],[$Icess$,$ May $1,7,520],[,$ production,$30,080],[$be accounted for,$37,600]]$

$\backslash$table$[[$ted for,$],[$and transferred out,$32,900],[$cess$,$ May $31,4,700],[$counted for,$],[,]]$