Crayons Forever uses a three department production process to produce its crayons. The Molding Department, Labeling Department and Packaging Department. During the month of May, the Molding Department completed and transferred 5.250,000 molded crayons, with a cost of $285,000, to the Labeling Department. The labeling materials are added at the beginning of the process. At the beginning of May, the Labeling Department had 245,000 molded crayons in beginning work in process, 25% through the labeling process. At the end of May, 378,000 molded crayons were on hand, 65% of the way through the labeling process. Required: 1. Using the weighted average method, reconcile the number of physical units for the Labeling Department for the month of May. 2. Using the weighted average method, calculate the number of equivalent units for the Labeling Department for the month of May. Transferred-in costs are treated as materials added at the start of the labeling process. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted average method, reconcile the number of physical units for the Labeling Department for the month of May Physical Units 245,000 Physical Units Beginning Inventory Units Transferred in Total Units Completed Ending Inventory 245.000 0 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted average method, calculate the number of equivalent units for the Labeling Department for the month of . Equivalent Units Direct Materials Conversion Physical Units Units Completed Ending Inventory Total 0