Required information Problem 16-6AA FIFO: Costs per equivalent unit, costs assigned to products LO C2, C4 The following information applies to the questions displayed below During May, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 39,300 were in process in the production department at the beginning of May and 168,500 were started and completed in May. May's beginning inventory units were 70% complete with respect to materials and 30% complete with respect to conversion. At the end of May, 53,100 additional units were in process in the production department and were 70% complete with respect to materials and 20% complete with respect to conversion. The production department had $695,872 of direct materials and $433,923 of conversion cost charged to it during May. Its beginning inventory included $75,875 of direct materials cost and $30,293 of conversion cost Problem 16-6A Part 2, 3 and 4 2-4. Using the FIFO method, assign May's costs to the units transferred to finished goods and assign costs to its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) 30%, 100% 70%-27.510 39.30? 0 11.79 168,50 inventory-units 168,5 units 170 Total units 260,9 217,460 ost per equivalent unit of Materials Conversion on ts incurred this 695,872 Total costs +Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) 695,872 Costs 433,923 206,630 $ 2.10 EUP 217,460 EUP $ 3.2 Beginning Inventory Cost Cost to complete units in Cost per Total cost EUP Direct materials Conversion Total cost to complete beginning inventory Cost of units started and completed Cost per Total cost EUP EUP Direct materials S 0.00 S 0.0 Conversion Total cost of units started and Total cost of units transferred out Costs of ending work in process Cost per Total cost S 0.00$ 0. Direct materials Conversion Total cost of ending work in rocess Total costs accounted for