Exercise 6-37 Process Costing (LO 6-3) Graham Petroleum produces 0' On May 1 had no won iprocess inventor resources used by Graham in May consist of the tollowing it started production of 202 mion barrels of oil r May and shipped 187 mthon barrels in the p eine The costs of the Materials 3,028 million $ 3,340 milion Conversion costs (labor and overhead) Required: The production supervisor estimates that the ending work in process is 80 percent complete on May 31 Compute the cost of oil shipped in the pipeine and the amount in work-in-process ending inventory as of May 31, (Do not round intermediate calculations. Enter your answers mmons. For example, enter-l-instead of-1,000,000 Cost of oll shipped in the plpeline Work-n-process ending inventory