ok The following data pertain to the Hercules Tire and Rubber Company for the month of May. Work in process, May 1 (in units) Units completed and transferred out during May Units started during May Total units to account for Work in process, May 31 (in units) Total equivalent units: direct material Total equivalent units: conversion Work in process, May 1: direct material nces Work in process, May 1: conversion Costs incurred during May: direct material Costs incurred during May: conversion Work in process, May 1: total cost Total costs incurred during May Total costs to account for Cost per equivalent unit: direct material Cost per equivalent unit: conversion Total cost per equivalent unit Cost of goods completed and transferred out during May Cost remaining in ending work-in-process inventory: direct material Cost remaining in ending work-in-process inventory: conversion Total cost of May 31 work-in-process Additional Information: 2 60,000 75,000 2 10,000 75,000 2 ? $ 135,000 7 832,250 172,500 1,402,250 1,574,750 9.40 2 21.65 2 2 73,500 167,500 a. Direct material is added at the beginning of the production process, and conversion activity occurs uniformly throughout the Required: Compute the missing amounts, and prepare the firm's May production report. Complete this question by entering your answers in the tabs below. Missing Values Equivalent Units Cost per EU Total Cost of End WIP Calculate the missing values from the table given above. (Round "Cost per equivalent unit" to 2 decimal places.) Work in process, May 1 (in units) Units completed and transferred out during May Total equivalent units: conversion Work in process, May 1: conversion Costs incurred during May: direct material Cost per equivalent unit: conversion Cost of goods completed and transferred out during May Cost remaining in ending work-in-process inventory: direct material Missing Values Equivalent Units > Required: Compute the missing amounts, and prepare the firm's May production report. Complete this question by entering your answers in the tabs below. Missing Values Equivalent Units Cost per EU Total Cost of End WIP Calculate the Equivalent Units. es Units completed and transferred out during May Work in process, May 31 Total units accounted for Total equivalent units Equivalent Units Physical Units Direct Material Conversion Required: Compute the missing amounts, and prepare the firm's May production report. Complete this question by entering your answers in the tabs below. Missing Values Equivalent Units Cost per EU Total Cost of End WIP Calculate the Cost per EU. (Round "Cost per equivalent unit" to 2 decimal places.) Work in process, May 1 Costs incurred during May Total costs to account for Equivalent units Costs per equivalent unit Direct Material Conversion Total < Equivalent Units Total Cost of End WIP > Required: Compute the missing amounts, and prepare the firm's May production report. Complete this question by entering your answers in the tabs below. Missing Values Equivalent Units Cost per EU Total Cost End WIP Calculate the total cost of ending work-in-process. (Round "Cost per equivalent unit" to 2 decimal places.) Cost of goods completed and transferred out during May Cost remaining in May 31 work-in-process inventory: Direct material Conversion Total cost of May 31 work-in-process Number of Equivalent Units Cost per Equivalent Unit Total Cost