Triangle Fastener Corporation accumulates costs for its single product using process costing. Direct

material is added at the beginning of the production process, and conversion activity occurs uniformly

throughout the process. A partially completed production report for the month of May follows.

Required:

Complete each of the following process$-$costing steps using the weighted$-$average method:

a$.$ Calculation of equivalent units.

b$.$ Computation of unit costs.

c$.$ Analysis of total costs.

Prepare a journal entry to record the transfer of the cost of goods completed and transferred out

during May.