QUESTION THREE (11 MARKS) Durham Limited uses a process costing system to record costs. The weighted average method is used. In the first month of operation, May, 2020, the manufacturing costs for Durham Ltd. Mixing department were as follows: Raw materials used $18,000 Direct Labour 36,120 Factory overhead 41,496 During the month 5,000 units were completed and 1,000 units were in process at the end of the month. The 1,000 units in process were 60% completed as to direct labour and overhead. All materials are added at the beginning of the process. Complete the remainder of the following Production Report in good form for the month of May, 2020, using the weighted average method, on the following page. Note: The entire Cost per equivalent Unit section necessary has been completed. You have been given the total costs for the department and the Cost per equivalent unit. You do not have to do anything more in this section of the report. Total Costs per Equivalent unit Total Cost Materials Conversion Beginning WIP cost Costs Added Total Costs Cost per Equivalent Unit 0 95,616 S 95,616 $16.86 $3.00 $13.86 Cost Reconciliation Cost Equivalent Units Materials Conversion