Q on 4 het complete Marked out of 5.00 Pag Gestion Product Cost Report-Weighted Average Method Riley Manufacturing Corporation produces a cosmetic product in three consecutive process. The cousof Department for May 2019 were as follows Costed in Department 1295,120 Manufacturing overhead 203130796800 Department 1 handled the following units during May Unitsin procesMay 1, 2015 Units started in Department Units transferred to Departnere 2 2.000 0.000 50.000 On average the May 1 units were complete. The May 31 units were complete Materials are added at the beginning of the process and conversion costs o r evenly throughout the pro Required Prepare the product cost report for Department for May Round average cost per que nt to two decimal places use rounded for subsequent calculations. Round other anwers to the newest whole number Round average cost per equivalent unit to two decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number Riley Manufacturing Corporation Department 1 Flow of Units and Equivalent Units Calculations, May 2019 Equivalent Units Work Direct Work Done Materials Done Complete/Transferred Ending inventory Conversion Costs Product Cost Report Direct Materials Conversion Costs Beginning inventory Current Total Costs to Account For - Total Equivalent Units Average cost/ valent unit round 2 decimal places Complete/ Transferred Direct Materia Conversion costs. Cate red Ending invertory Det Cost of Ending inventory Total Costs Allocated