A partial cost of production report for the month of May is as follows for Department 1 of Enid Chemical Company:

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Physical units: Work in process, May 1 (40% complete) Started and completed Work in process, May 31 (50% complete) Total units. Costs charged to department Work in process, May 1 Processing cost, May.. Total costs charged. Costs accounted for: Transferred to Department 2: Work in process, May 1 Cost to complete work in process, May 1 Started and completed. Work in process, May 31 Total costs accounted for. * Difference caused by rounding. Required: 500 1,700 300 2,500 $ 800.00 9,020.00 $9,820.00 $ 800.00 1,258.60 7,132.09 $9,190.69 629.30 $9,819.99* 1. Explain what the partial cost of production report shows about the quantity flow and the cost flow. 2. Explain why equivalent units are preferred to total units produced in deter- mining costs of units completed and units in ending inventory. 3. What additional information can this report give a manager? 4. Calculate how many units were completed during the month of May.