Required 1. Complete each of the following process-costing steps using the weightedaverage method: a. Calculation of equivalent units. b. Computation of unit costs. c. Analysis of total costs. Complete this question by entering your answers in the tabs below. Req 1A Req 1E1 Req 1C Calculation of equivalent units. Units completed and transferred out during May Work in process, May 31 'otal units accounted for "otal equivalent units 0 U Complete this question by entering your answers in the tabs below. Req 1A Req 1c Equivalent units Costs per equivalent unit Complete this question by entering your answers in the tabs below. Req 1A Req 1 El Cost of goods completed and transferred out during May Cost remaining in May 31 workinprocess inventory: Direct material Conversion Total cost of May 31 work in process 2. Prepare ajournal entry to record the transfer of the cost of goods completed and transferred out during May. (If no entry is required for a transactionfevent, select "No journal entry required" in the rst account eld.) View transaction list Journal entry worksheet Record the transfer of cost of goods completed and transferred out. Note: Enter debits before credits. Required information {The foiio wing information appiies to the questions dispiayed beio w.] Triangle Fastener Corporation accumulates costs for its single product using process costing. Direct material is added at the beginning of the production process, and conversion activity occurs uniformly throughout the process. A partially completed production report for the month of May follows. Work in process, May 1 Units started during May Total units to account For Units completed and transferred out during May Work in process, May 31 Total units accounted For 36,999 42% 54,999 99,999 54,999 54,999 54,999 39,999 715: 39,999 25,559 99,999 at. 539,699 5 799,999 3, 391,959 3,632, 159 Work in process, May 1 $133,388 Costs incurred during May 338,288 Total costs to account For $463,599 $3,8i8,558 $4,342,959