3. (9 points) Anchor Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning 5,000 Costs in the beginning inventory Units started into production during the month.... Units completed and transferred out..... 130,000 120,000 Costs added to production during the month Materials cost $226,000 Work in process, ending: % of completion with respect to materials % of completion with respect to conversion ....15,000 40% 20% Required Prepare a process costing departmental production report (calculation of equivalent units, cost per equivalent unit, and cost reconciliation) for the department using the weighted-average method. Round the cost per unit to the nearest cent