Chapter 1 Mama ng iting and the Osts the 12. Swim Campor mature bye Mwale we added at the beginning of the Papal conversion comes incurred uniformly. Production and cost data for the of May are for Percent Unis Production Date Riches Complete 500 2016 Work in process units, May 1 Unitarted in production 2.000 800 40 Work in process units, May 31 CostDataBicycles Work in process May 1 Materials $15.000 18.000 $33,000 Direct materials 50,000 Direct labor 19,020 Manufacturing overhead 33,680 testowe Prepare a production cost report for the month of May for the bicycles Amer 1. Quantities Equivalent units wied for Physical Conversion units Materials Costs Units in WIP-opening units) Units started into production (units) Total Units (units) Unite accounted for Units finished and transferred out (units) Units in WIP closing (units) Total Units (units) 2. Costs Material Conversion Total Total cost (S) Equivalent units Unit cost (S/unit) Costs to be accounted for WIP-opening (5) Started into production (S) Total Costs ($) 3. Cost reconciliation schedule Cost accounted for ($) Unit transferred out (S) Units in WIP-closing (5) - Material($) - Conversion (S) Total (S)