Consider the following data for the Assembly Division of a smartwatch manufacturer: Physical Units (smartwatch) 10 Direct Materials $5,500 Conversion Costs Beginning work in process (May 1)* $10,000 Started in May 60 Completed during May 55 Ending work in process (May 31)+ 15 Costs added during May $53,000 $89,250 Total costs $58,500 $99,250 *Degree of completion: direct materials 80%; conversion costs 60% +Degree of completion: direct materials 40%; conversion costs 70% The Assembly Division uses the FIFO method of process costing. Required: What is the cost of the units transferred out and the cost of ending WIP. Please show all work to receive marks. You are welcome to use the table to calculate these numbers, but you must state your final answer to receive the marks