The Assembly Department of Nitz Company has the following production and cost data at the end of May, 2020. Production: 30,000 units started into production; 25.000 units transferred out and 5,000 units 100% completed as to materials and 40% completed as to conversion costs. Manufacturing Costs: Materials added at beginning of process, $90,000; labor, $75,000; overhead $60,000. Prepare a production cost report for the month of May. NITZ COMPANY Assembly Department-Production Cost Report For the Month Ended May 31, 2020 Equivalent Units Quantities Units to be accounted for Work in process, May Started into. production Total units Units accounted for Physical Units Materials Conversion Costs Transferred out Work in process, May 31 Total units accounted for COSTS Unit costs Costs in May Equivalent units Unit costs Costs to be accounted for $ Materials $ Conversion Costs Tota Costs to be accounted for Work in process, May 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, May 31 S S Reconciliation Schedule Costs accounted for Transferred out Work in process, May 31 Materials Conversion costs Total costs $ $