3. (15 points) Triangle Corporation is a biotech company based in Cary, North Carolina. It makes a cancer-treatment drug in a single processing department. Direct materials are added at the start of the process. Conversion costs are added evenly during the process. Triangle Corporation uses the weighted-average method of process costing. The following information for July 2022 is available. Work in process, July 1 Started during July Completed and transferred out during July Work in process, July 31 Physical units 8,500 35,000 33,000 10,500 b *Degree of completion: direct materials, 100%; conversion costs, 20% "Degree of completion: direct materials, 100%; conversion costs, 60% Total Costs for July 2022 Work in process, beginning Direct materials $63,100 Conversion costs $45,510 $108,610 Direct materials added during July $284,900 Conversion costs added during July Total costs to account for (Show all your work from Steps 1 to 5 of Process Costing) $485,040 $878,550