Emerging Dock Company manufactures boat docks on an assembly line. Its

standard costing system uses two cost categories, direct materials and conversion

costs. Each product must pass through the Assembly Department and the Finishing

Department. Direct materials are added at the beginning of the production process.

Conversion costs are allocated evenly throughout production.

Data for the Assembly Department for May $20x5$ are:

Work in process, beginning inventory: $70$ units

Direct materials $(100\%$ complete$)$

Conversion costs $(25\%$ complete$)$

Units started during May $40$ units

Work in process, ending inventory: $10$ units

Direct materials $(100\%$ complete$)$

Conversion costs $(50\%$ complete$)$

Costs for May:

Standard costs for Assembly:

Direct materials $$8,000$ per unit

Conversion costs $$32,000$ per unit

Work in process, beginning inventory: