Lamar Company is a manufacturer of clothes. The information is related to the cutting process (first process) for August: Beginning work in process was 100% completed as to direct materials and 50% completed as to conversion cost. Ending work in process was 100% completed as to direct materials and 60% completed as to conversion cost. Requirement: Apply the five steps of process costing and calculate the cost of outputs (units completed and transferred out, ending WIP inventory) for the cutting process through preparing the physical flow of units schedule and