Question 2 The Assembly Department of Mane Company has the following production and cost data at the end of May, 2014. Production: 25,000 units started into production; 20,000 units transferred out and 5,000 units 100% completed as to materials and 40% completed as to conversion costs. Manufacturing Costs: Materials added at beginning of process, $100,000; labor, $72,000; overhead $60,000. Required Prepare a production cost report for the month of May