Deepwater Fishing Ltd assembles various components used in the fishing industry. The company's major product, a relay switch, is made by assembling three parts: XY634, AA788 and GU321. The following information relates to activities in April: Beginning work in process inventory: 4,000 units, 75 per cent complete as to conversion, cost, $286,000 (direct materials, $220,000; conversion cost, $66,000) Production started 25,000 units Ending work in process inventory: 5,000 units, 40 per cent complete as to conversion Direct materials used XY^#$, $267,000; AA788, $689,000; GU321, $448,000 Hourly wage of direct labourers, $20; total direct labour payroll, $126, 500 Overhead application rate $60 direct labour hour All parts are introduced at the beginning of Deepwater Fishing'S manufacturing process; conversion cost are incurred uniformly throughout the production process. The company used weighted average cost to allocate cost to production Required: Calculate the total cost of direct material and conversion during April. Determine the cost of goods completed during the month Determine the cost of the work in process inventory; (a) How much direct material cost would be added to these units in May? (b) What percentage of conversion would be performed on these units in May