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The Assembly Department of Martinez Company has the following production and cost data at the end of May, 2022 its first period of operaticns: Prodvetion:

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The Assembly Department of Martinez Company has the following production and cost data at the end of May, 2022 its first period of operaticns: Prodvetion: 28,800 units started into production: 24,000 units completed and transferred out and 4,800 units 100% completed as to materials and 40% completed as to conversion costs: Moterials added at beginning of process, $97,920; labor, $72,000; overhead $70,560. Prepare a production cost report for the month of May using weighted-average process costing (Do not leave any answer field blonic Enter Ofor amounts) (Round unit costs answers to 2 decimal ploces, es. 52.75.) MARTINEZ COMPANY Assembly Department-Production Cost Report For the Month Ended May 31, 2022. Equivalent Units of Production QUANTITIES. Physical Cocutersian Units Materials costs thins to be accourted for Wark in prosess imencery May 1 Started into production Totalinits to be accounted for Uritsaccounted for Completed and transierred out Work in process inventery May 31 Fotal unis actopinted for Costs to Be ascounted for Werk in procets May 1 Started into production Total costs to be accounted for Cout freconciliation Sthedule Conts accounted for Completed and transterred cut Workin prociess imentory Moy31 Meprials Corveruoncosts Tolaltests accounsed for dineting

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