Question 36 12 pts The inventory on May 1st and costs charged to Work in Process Department D during May are as follows: 5,800 units, 80% completed $ 78,000 Direct materials, 32,300 units 355,300 Direct labor 450,000 Factory overhead 145.000 Total cost to be accounted for S1.028,300 During May, 32,300 units were placed into production and 34,000 units were completed, including those in inventory on May 1st. On May 31st, the inventory of work in process consisted of 4,100 units which were 90% completed. Inventories are costed by the first-in, first-out method and all materials are added at the beginning of the process Determine the following: (Round unit cost data to two decimal places, i.e., 53.76, to minimize rounding differences) (a) Equivalent units of production for direct materials and conversion cost (b) Direct materials cost per equivalent unit and conversion cost per equivalent unit