Required information [The following information applies to the questions displayed below.) 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. Production Report For the Month of May Percentage of Completion Physical with Respect to Units Conversion Work in process, May 1 25,000 404 Units started during May 30,000 Total units to account for 55,000 Units completed and transferred out during May 35,000 Work in process, May 31 20,000 803 Total units accounted for 55,000 Equivalent Units Direct Material Conversion 35,000 20,000 35,000 16,000 Work in process, May 1 Costs incurred during May Total costs to account for Direct Material $143,000 165,000 $308,000 Conversion $ 474, 700 2,009,000 $2,483,700 Total $ 617,700 2,174,000 $2,791,700 Required 1. Complete each of the following process-costing steps using the weighted average 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. 91A Req 1B Req 1c Calculation of equivalent units. Equivalent Units Direct Material Conversion Physical Units Units completed and transferred out during May Work in process, May 31 Total units accounted for Total equivalent units 0 0 0 Required 1. Complete each of the following process-costing steps using the weighted average 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. C Req 1A Req 1B Req 1C Computation of unit costs. (Round "Costs per equivalent unit" to 2 decimal places.) Conversion Total Direct Material 0 Total costs to account for Equivalent units Costs per equivalent unit $ 0.00 Required 1. Complete each of the following process-costing steps using the weighted-average method: a. Calculation of equivalent units. b. Computation of unit costs. c. Analysis of total costs. omplete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 1C Analysis of total costs. (Round "Costs per equivalent unit" to 2 decimal places.) Number of Equivalent Units Cost per Equivalent Unit Total Cost Cost of goods completed and transferred out during May Cost remaining in May 31 work-in-process inventory: Direct material Conversion Total cost of May 31 work in process $ 0