uestion 5 of 8 lew Policies urrent Attempt in Progress 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, Materials added at beginning of process. $90.000: labor. $75,000: overhead $60.000. Manufacturing Costs: 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 Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in uestion 5 of 8 - / 15 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 Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, May 1 Started into production Total units Units accounted for Transferred out Work in process, May 31 Total units accounted for COSTS Materials Conversion Costs Unit costs Costs in May Equivalent units Unit costs Costs to be accounted for Work in process, May 1 Started into production $ Tan SIM Work in ocess, May tal units counted for OSTS Materials Conversion Costs $ Unit costs Costs in way Equivalent units Unit costs $ 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 $ Materials Conversion costs Total costs Save for Later Attempts: 0 of 1 used Submit Answer SAMSUNT