connect ACCOUNTING Question 3 fof6 000 point Exercise 6-37 Process Costing (LO 6-3) Graham Petroleum produces oil On May 1. E had no work-in-process inventory it started production of 244 ition barress of oli in May and shipped 216 mition barrels Materials Conversion costs (labor and overhead) $ 7.968 miion Required: The production supervisor estmaties that the ending work-in-process is 60 pescent complete on May 31 Compute the cost of oll shipped in the pipeline and the amou ns.For example, enber insed "1,00 000 Exercise s-37 Process Costing (LO 63)