Assembly Department Beginning Inventories $($on July $1)$: Physical units in production carried forward from June $305,000$Costs: Direct materials costs carried forward from June $30$ $ $45,000$ Direct Labor costs carried forward from June $3010,000$ Manufacturing Overhead carried forward from June $306,000$ Current Production $($in July$)$: Units started during July $75,000$Units in ending inventories as of July $318,000$Costs: Forging costs transferred to Assembly during July Direct materials costs incurred in July $ $675,000$Direct Labor costs incurred in July $313,000$Manufacturing Overhead incurred in July $295,000$ Percentage of Completion: Inventories with respect to conversion on July $140\%$ Inventories with respect to conversion on July $3175\%$Based on the above information, complete the following:Prepare a schedule showing units started and completed during July.Compute the equivalent units of direct materials and conversion in July.Determine the cost per equivalent unit of input resource $$during July.Prepare the summary journal entry required to transfer units from the Assembly to the Packaging Department at the end of July.Compute the costs assigned to ending inventory on July $31.$