The following is information about the Painting Department in the Richardson Factory for the month of May. Richardson Factory uses the FIFO method of inventory costing. Compute equivalent units for direct materials, direct labor and overhead for May.

Beginning goods in process inventory:

Physical units - 5,000 units

% complete for materials - 70%

% complete for labor and overhead - 25%

Materials cost from April - $7,350

Labor and overhead cost from April - $3,125

Product started and completed:

Physical units - 40,000 units

Ending goods in process inventory:

Physical units - 4,000 units

% complete for materials - 40%

% complete for labor and overhead - 10%

Manufacturing costs for May:

Materials - $96,975

Labor and overhead - $79,470