Question: The Assembly Department uses a process cost accounting system. The department adds materials at the beginning of the process and incurs conversion costs uniformly throughout

The Assembly Department uses a process cost accounting system. The department adds materials at the beginning of the process and incurs conversion costs uniformly throughout the process. During May, $210,000 of materials costs and $87,800 in conversion costs were added to work-in-process. The beginning work in process inventory on May 1 comprised of $40,000 of materials costs and $27,000 of conversion costs. The company employs the weighted average method of process costing Other data for the month of May are as follows: Beginning work in process inventory.5/1 2,500 units (30% complete) Units started in May 7,500 units Ending work in process inventory, 5/31 3,000 units (40% complete) NOTE: All dollur answers must be in the following format: Sddddd (522,222). Unit answers must be in the following format: XX.XXX (22,222) The number of units transferred out of the assembly department was type your answer_ The equivalent units of materials for the month of May was type your answer The equivalent units of conversion costs during the month of Maywas type your answer The cost per equivalent unit of materials in the month of May was type your answer The cost per equivalent unit of conversion costs in the month of May was type your answer The total cost assigned to the ending work in process on May 31 type your answer The total cost assigned to the units transferred out of the Assembly Department during May was type your

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