Vintage Manufacturing Inc. makes a product which goes through three processes - Shaping, Baking and Packaging On May 1, 2023, Vintage Manufacturing Inc. had 120,000 units in its work in process inventory, 100% complete with respect to materials and 20% complete with respect to conversion costs. The beginning inventory: materials was valued at $130,000 and conversion $33,600 During May, 160,000 units were started in the Shaping Department with 170,000 units transferred to the Baking department during the month. The total cost of material is $570,000 and the total conversion cost is $1,036,400. Materials are added at the beginning of the process. On May 31, 2023 the company's ending work in process was 40% complete as to conversion cost and 100% complete as to materials