The following data pertain to the Hercules Tire and Rubber Company for the month of May.

Work in process, May 1 (in units)		?
Units started during May		60,000
Total units to account for		75,000
Units completed and transferred out during May		?
Work in process, May 31 (in units)		10,000
Total equivalent units: direct material		75,000
Total equivalent units: conversion		?
Work in process, May 1: direct material	$	135,000
Work in process, May 1: conversion		?
Costs incurred during May: direct material		?
Costs incurred during May: conversion		832,250
Work in process, May 1: total cost		172,500
Total costs incurred during May		1,402,250
Total costs to account for		1,574,750
Cost per equivalent unit: direct material		9.40
Cost per equivalent unit: conversion		?
Total cost per equivalent unit		21.65
Cost of goods completed and transferred out during May		?
Cost remaining in ending work-in-process inventory: direct material		?
Cost remaining in ending work-in-process inventory: conversion		73,500
Total cost of May 31 work in process		167,500

Additional Information:

a. Direct material is added at the beginning of the production process, and conversion activity occurs uniformly throughout the process.

b. Hercules uses weighted-average process costing.

c. The May 1 work in process was 20 percent complete as to conversion.

d. The May 31 work in process was 60 percent complete as to conversion.

Required:

Compute the missing amounts, and prepare the firms May production report.