TB MC 0n. 4-61 Lakeland Chemical manufactures a product... Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 40% complete. The following data pertain to May: Units Work in process, May 1 15,300 Units started during May 61,500 Units completed and transferred out 69,500 work in process, May 31 7,300 Direct Conversion Tutal Materials Costs Costs: Hark in process, May 1 $ 42,750 $17,100 $ 25,650 Costs incurred during May 235,530 72,600 162,930 Totals $278,280 $89,700 $188,580 Using the weighted-average method of process costing, the total costs remaining in work in process on May 31 are closest to {Do not round intermediate calculations}: Multiple Choice Om