Required Information [The following information applies to the questions displayed below.] Tomar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 29,200 units of product to finished goods inventory. Its 4,400 units of beginning work in process consisted of $21,200 of direct materials and $284,940 of conversion costs. It has 3,100 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process st month-end. During the month, $592,500 of direct material costs and $2,788,020 of conversion costs were charged to production. 1. Prepare the company's process cost summary for May using the weighted average method. Total costs to account for: Total costs to account for: Total costs accounted for Difference due to rounding cast/unit Unit reconciliation: Unite to account for: Total units to account for Total units accounted for: Total unite accounted for Equivalent units of production (EUP)- welghted average method Unite % Materials EUP-Materials % Conversion EUP. Conversion Total units Cost per equivalent unit of production Materials Conversion Costs Costs EUP EUP EUP Cost per EUP Total cost Total costs + Equivalent units of production Cast per equivalent unit of production Total coste accounted for: Cast of units transferred out: Direct materials Conversion Total costs transferred out Casts of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for cost per EUP EUP Total cost