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(20 points) The Assembly Department of Colson, Inc. has the following production and cost data at the end of May ro uction: 30,000 units started

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(20 points) The Assembly Department of Colson, Inc. has the following production and cost data at the end of May ro uction: 30,000 units started into production ; 25.000 units transferred out and 5,000 units 100% completed as Manufacturing Costs: Materials added at beginning of process, $90,000; labor, $75,000; overhead $60,000. Instructions to materials and 40% completed as to conversion costs. Prepare a production cost report for the month of May asing weighted average

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