QualCo manufactures a single product in two departments: Cutting and Assembly. During May, the Cutting department completed a number of units of a product and transferred them to Assembly. Of these transferred units, 39,200 were in process in the Cutting department at the beginning of May and 167,500 were started and completed in May. May's Cutting department beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of May, 53,000 additional units were in process in the Cutting department and were 75% complete with respect to materials and 20% complete with respect to conversion. The Cutting department had $573,012 of direct materials and $479,325 of conversion cost charged to it during May. Its beginning inventory included $75,775 of direct materials cost and $30,193 of conversion cost. 1. Compute the number of units transferred to Assembly. Total units transferred Assembly units Equivalent units of production (EUP)- FIFO method Units % Materials EUP- Materials % Conversion EUP Conversion Total units Cost per equivalent unit of production Materials Conversion Total costs Costs Costs EUP 0 EUP 0 0 0 + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total costs accounted for: Beginning Inventory Cost: Cost to complete units in beginning inventory EUP Direct materials Conversion Total cost to complete beginning inventory Cost of units started and completed EUP Cost per EUP Total cost Cost per EUP Total cost Direct materials $ 0.00 $ 0.00 $ 0.00 0.00 Conversion Total cost of units started and completed Total cost of units transferred out Costs of ending work in process Direct materials EUP Cost per EUP Total cost $ 0.00 $ 0.00 Conversion $ 0.00 0.00 Total cost of ending work in process Total costs accounted for +